FEDERAL & LOCAL INCENTIVES

30% Federal Investment Tax Credit

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The federal government offers a landmark Investment Tax Credit (ITC), In addition to state-specific solar programs, you can cut the cost of your solar energy system by 30 percent through this credit on your income taxes. The ITC applies only to those who buy their system outright with cash or with a solar loan.

100% two year tax depreciation

30% Federal Investment Tax Credit

Bold red 100% symbol with a minus sign in front.

The Tax Cuts and Jobs Act of 2017 created a windfall for renewable energy investors. Now you may depreciate 100% of your energy system in its first year. Consult your tax advisor for details on this program.

D.C. SREC's

30% Federal Investment Tax Credit

Net Metering

Map silhouette of Washington D.C. with its flag design.

Washington, D.C. currently offers the highest value SREC's in the United States. As of 2020 each SREC is valued at $435 per megawatt.

Net Metering

Close-up of an electric net meter showing energy usage.

When you put solar panels on your roof, you get credit for all of the power your system generates. Washington D.C. has a net metering policy that credits you for the extra electricity you produce, and allows you to use those credits when your system doesn’t generate enough power. Credited to customer's next bill indefinitely at retail rate including generation, transmission and distribution!

Property Tax Credit

Table showing a state financial incentive for solar technologies with a 100% property tax exemption.

Now you don't have to worry about your property taxes increasing as the value of your home increases with the addition of a renewable energy system! Saving the planet shouldn't be taxed and isn't in Washington, D.C.