Leading the way for a sustainable future       

 

 

 

 

 

 

Federal Renewable Energy Tax Incentives And Solar Tax Incentives In Georgia

 

 

The U.S. Department of Treasury Renewable Energy GRANT (also known as the 1603 Program) Has Been Extended For 2011! See below

 

A solar roofing system can be a source of sustainable renewable energy today and can also provide an extra stream of income in the future.

 

 

Solar Incentives In Georgia

 

Residential:

 

Federal Incentives: 30% of total system cost as a Residential Renewable Energy Tax Credit (no cap).

State Incentives: 35% of total system cost as a Clean Energy Tax Credit up to $10,500 (for solar PV).

Power Premium From Utility: Georgia Power and many of the EMCs that service Georgia now offer incentives including a rebate for installing solar as well as paying a premium for the power generated (see below).

 

Commercial:

 

Federal Incentives: 30% of total system cost as a Renewable Energy GRANT.

State Incentives: 35% of total system cost as a Clean Energy Tax Credit (excess credit may be carried forward for five years).

Power Premium From Utility: Georgia Power and many of the EMCs that service Georgia now offer incentives including a rebate for installing solar as well as paying a premium for the power generated.

MACRS Bonus Depreciation: Commercial customers can take advantage of accelerated depreciation for solar property.  In the first year, you can depreciate between 60-100% of the basis of the property.

 

Source: Database of State Incentives for Renewables & Efficiency

 

Central Georgia EMC Photovoltaic Rebate Program


Central Georgia Electric Membership Corporation (CGEMC) began offering an incentive for solar photovoltaic (PV) systems in June 2008. Residential utility customers who are interconnected and net-metered are eligible for this rebate. Solar PV systems must have a five year warranty, be installed by a licensed contractor, and be installed in accordance with all applicable building and national electric codes. The customer must fill out and submit an application for this rebate. Once the system has been installed, an interconnection agreement has been signed and the system is net-metered, CGEMC will grant the rebate to the customer. This is a one-time rebate of $450 per kilowatt (kW), up to 10 kW per household.


Source: Central Georgia EMC

 

Cobb EMC Solar Rebate Program


Cobb Energy Management Corporation (EMC) offers rebates for residential solar photovoltaic (PV) systems. Cobb EMC is offering members $450 per kilowatt-AC (kW-AC) installed, up to a maximum of 10 kW. In order to receive the rebate, PV systems must be interconnected to the grid. A rebate of $450 per system is also offered to solar water heating systems installed.


Source: Solar Rebates From Cobb EMC

 

GA Power Solar Buyback Program


Georgia Power, the state's largest utility, has established a green power program, whereby the power generated by eligible renewable-energy systems connected to the grid under the utility's net-metering provisions is sold to other customers. System owners are paid for generation at a higher rate than the rate at which they would be compensated under standard net metering. Georgia Power purchases electricity from photovoltaic (PV) systems at a rate of 17 cents per kilowatt-hour (kWh), up to an aggregate capacity of one megawatt (MW). 


Previously, Georgia Power purchased electricity from PV systems at a rate of 17.74 cents/kWh, up to an aggregate cap of 500 kW, but this cap was reached. In July 2009, the Georgia Public Service Commission (PSC) approved a tariff extending this program by 1 MW. In April 2010, the Georgia PSC ordered another expansion of the program, adding another megawatt of capacity to the program and increasing the aggregate cap to 2.5 MW. At the same time, the PSC lowered the production incentive from 18.31 cents/kWh to 17 cents/kWh. These changes became effective June 1, 2010.  

 

Source: Solar Options For Customers

 

GreyStone Power Photovoltaic Rebate Program

 

GreyStone Power, an electricity cooperative in Georgia, offers a rebate for solar photovoltaic (PV) systems to members. The one-time rebate is offered for PV installations that are interconnected and net-metered. The rebate is equal to $450 per kilowatt (kW) AC for systems up to 10 kilowatts (kW) in capacity. Contact the cooperative for more information. 

 

Source: Introducing Solar Power Rebates From GreyStone

 

Jackson EMC Right Choice Sun Power Rebate Program


Jackson Electric Membership Corporation (Jackson EMC), which serves over 185,000 residential customers, offers rebates to those customers who install photovoltaic (PV) systems or solar water-heating systems. In exchange for these incentives, Jackson EMC retains the rights to any renewable energy credits (RECs) associated with the energy production of these systems. 
 
Solar Rebate Program for Homes 
 
Residential customers may qualify for the one-time rebate of $450 per kilowatt (kW) of DC installed, (up to 10 kW). In order to qualify, they must select a trained and certified North American Board of Certified Energy Practitioners (NABCEP) contractor to install the system, which must be certified by the Florida Solar Energy Center. In addition, the customer's system must meet Jackson EMC requirements and be pre-approved for interconnection and net metering. 
 
Solar Water Heater Rebate Program 
 
Members may qualify for the one-time $450 rebate for installation of solar water heaters. In order to qualify, they must select a trained and certified NABCEP contractor to install their system. Jackson EMC maintains a list of pre-approved contractors, and some solar water heater manufacturers' training programs may be allowed instead of NABCEP certification, though this requires pre-approval. The solar water heater system must be certified OG-300 by the Solar Rating and Certification Corporation (SRCC). In addition, prior to installation, the member must provide a computer model representing estimated performance and must indicate the site address, number of collectors, estimated hot water consumption, estimated average ground water temperature, collector orientation and roof pitch. The performance report must include information on annual solar fraction and estimated monthly solar energy production in kilowatt-hours (kWh). The system must be freeze protected (closed loop or drain back design only) and must have the ability to accurately calculate and store system performance data.


Source: Right Choice Sun Power Rebate Program

 

Sawnee EMC Solar Photovoltaic Rebate Program

 

Sawnee EMC offers a solar photovoltaic rebate to members who meet the net metering guidelines. The one-time rebate of $300 per kilowatt (kW) is available for the first 10 kW of installed capacity. Residential customers are not eligible if their system is larger than 10 kW and non-residential customers with systems above 100 kW are not eligible.

 

Source: 2010 Energy Services Program

 

Walton EMC Residential Solar And Efficiency Rebate Programs


Walton Electric Membership Corporation (EMC) is an electric cooperative that serves 100,000 customers in ten northeastern Georgia counties. For residential customers that wish to improve the energy efficiency of their homes, Walton EMC provides a few financial incentives. Residents in existing homes that switch from a fossil fuel heating system to an all-electric heat pump, either unitary, geothermal or package, can qualify for a $200 rebate. Customers may also receive a rebate of $150 for the installation of a heat pump water heater or $400 if they purchase a Power Partners solar water heating system through Walton EMC. 


Source: Walton EMC Residential Services







© Energy Roofing Systems, Inc. All Rights Reserved  -  Privacy   I   Terms of Service