California Solar Energy Rebates

	Rebates
	Tax Incentives

Residential

For residential customers, the federal government provides a 30% one time tax credit (limited to $2,000) for systems installed before January 1st, 2009. Provisions to extend this timeline are being discussed.

Commercial

Commercial customers can apply for a 30% federal tax credit and a Federal plus California state tax deduction for depreciation. (See specific information for tax credits and deductions below.)

Tax Incentives for Solar PV Systems*

CA State Tax Credit
No California state tax credit

Federal Tax Credit
30% for systems installed between January 1, 2006 and December 31, 2008. No cap for commercial solar system, $2,000 cap for residential solar system

MACRS Federal Tax Deduction
5 years for commercial systems only

MACRS CA State Tax Deduction
5 years for commercial systems only, Corporations excluded

Linear CA State Tax Deduction
12 years for commercial systems owned by Corporations

*New Millennium Power takes no responsibility for the correctness of any tax incentive information.