While the initial installation costs can be prohibitive for many homeowners, federal tax credits are available to offset this expense and provide a faster return on your investment.
In fact, some homes have been able to recoup their initial costs in as little as five years. In order to qualify, your unit must meet certain minimum criteria:. Grants are not available for the installation of geothermal energy systems.
Loan Guarantees Loan guarantees will take the form of a grant that may be used in the event of financing default on the part of the applicant. The term of the grant may not exceed five years. Visit the program web site and review the funding guidelines for additional program details and application procedures. Breadcrumb solar rebates and incentives pennsylvania wind and geothermal incentives program.
Enhanced rebates are also available for income-eligible customers. Qualifying models can be found at energystar. Ready to Get Started? On a smaller scale, options such as wood pellet burning and biomass boilers are on the increase for both residential and corporate purposes.
Expanding renewable energy production through wind power has created a lot of jobs in the state and the industry is expected to thrive over the next decade or so. While much of the emphasis has been put on large scale projects, small wind power, particularly for agricultural areas, can bring great benefits, not least providing farmers with additional income. While the cost of installing a wind turbine is quite large, even with rebates and grants such as the Wind and Geothermal Incentives Program , the return on investment is usually worth it.
Compared to other states, Pennsylvania has a pretty comprehensive range of incentives in place designed to promote the uptake of renewable energy technologies. You can find out more about all the renewable technology incentives available in Pennsylvania through the DSIRE web portal.
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