Solar Power Rebates Michigan

Michigan ranks thirty second in the nation for solar capacity but installations were up by 33 in 2014.

Solar power rebates michigan. Now the effects of the expiration of the rps law can start to be seen. Following the national extension of the solar investment tax credit itc through 2021 it has never been a better time to go solar. What rebates solar tax credits and other solar incentives are available in michigan. With the solar investment tax credit you can reclaim about 26 percent of the purchase and installation cost of your solar power system as a federal tax credit.

Michigan also has substantial natural gas reserves and this fossil fuel accounts for more energy usage than any other single source. Just a few years ago michigan had a real strong statewide solar power rebate program. But that program has gone the way of the dodo and with the rps goals still at a low 10 utilities lack the incentives they need to keep. This awesome credit cuts the cost of your overall solar installation by 26 percent making solar pv a more affordable and appealing energy source than fossil fuels.

Michigan has lots of sunshine and laws that are favorable for solar power and renewable energy. Michigan solar tax credits and incentive programs the federal investment tax credit. Renewable portfolio standard in 2016 the state s previous renewable portfolio standard rps was amended by the clean renewable and efficient energy act. Federal investment tax credit.

Here are some of the top solar energy incentives and rebates currently available in michigan.