Solar energy incentives can pay up to 40-50% of your cost. Below are some examples of the various refunds and rebates available, please contact us now for a free financial analysis to let you know how much money you can receive back when purchasing a solar system.
Federal Tax Credits - The IRS is offering a tax credit for up to 30% of the value of your installed solar water heater, solar attic fan, sun tunnel, or solar electric system, whether it is installed in a new home or retrofitted in an older home. Keep in mind this is not a tax deduction, this is a tax credit, so you get 30% of the total cost back. As of January 1, 2009, the tax credit is unlimited.
Utility Company Refunds - Many central Florida cities, including Deltona, Deland, Orange City, Gainesville, and Jacksonville, have additional rebates available for solar system purchases. These rebates can be as high as $800. Please contact us to inquire about incentives your utility company may offer. For example:
JEA residential customers receive $800 instantly at contract when they purchase a solar hot water heater. JEA commercial users get 30 percent of the total installed cost. Retrofits also receive benefits. Get more info at the JEA site.
Progress Energy customers in the EnergyWise program are eligible for a $450 credit to their accounts when they choose solar for their hot water heating needs, as well as additional annual credits. Get more info from Progress Energy.
Financing
Wayne's Solar also offers excellent financing for the remainder of your bill. We can offer 0% interest to qualified buyers. Contact us now for more details.