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The Federal Solar Investment Tax Credit, or ITC, is likely the most well-known federal solar incentive. These rebates work as partial refunds that are applied after you purchase solar panels and before tax credits are calculated.įederal solar incentives are likely to be the first thing that comes to mind when thinking about solar incentives.

Rebates: Solar rebates may be offered by your local utility company, or by your county or state.

(A tax credit is different from a tax deduction.)

Tax Credits: Tax credits are dollar-for-dollar reductions in the amount of income tax that you owe the federal government.

You could receive either a dollar-for-dollar credit or a percentage of the value. This allows you to receive credit towards your utility bill every month for the value of excess energy your solar panels generate.

Net Metering: Don't forget to speak with your Ninnescah utility company about signing a net metering contract.

This allows you to ignore the value added by your solar system when paying property tax on your house. First, there is sales tax exemption, which is applied when you purchase solar panels.

Tax Exemptions: Tax exemptions may come in one of two forms.

Some broad categories of solar incentives include:

Some incentives may be handled by the Kansas government, by your utility company or by county or municipality, while other incentives are federal. Various types of incentives, like discounts, cash back or monthly utility bill credits, may be available to you. The phrase "solar incentives" broadly refers to financial incentives designed to encourage increased use of renewable energy by making installing and using solar panels more affordable.