How big of a discount can the state send you on a solar panel in Tennessee?
I have been eyeing this solar panel:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160219725943&ssPageName=ADME:B:WNARL:US:1123
and was wondering just how much money I might get back from the government in the form of rebates since it’s UL listed. If it’s just $5, that’s not too exciting. Thanks for reading.
solar panel government rebate
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solar panel government rebate
Tennessee doesn’t offer any tax incentives or rebates for residential consumers, however the TVA (Tennessee Valley Authority, which supplies power to your local power company) does offer a program where residential customers can sell their green power back for a credit on their electric bill. The price varies based on your power company, but it is in the range of 15-20 cents/kilowatt-hour.
I would say your best bet would be to check with your local power company first to determine the price they would offer to buy your renewable energy. A link to a list of power suppliers is the third source link.
You might also be eligible for a federal tax credit on your system. The credit is for approximately 30% of the total cost, including instillation. A link to a TVA supplied pamphlet on the Federal Solar Tax Credit is the fourth source link.
Hope this helps!
DIY Solar and Wind Power Generators
There may be utility loans or rebates:
DIY Solar panels
i think it’s fed and i think you can get thousands