Michigan Solar Incentives 2019

The decision upends the economics of rooftop solar as michiganders are increasingly generating their own power.

Michigan solar incentives 2019.

All of michigan can take advantage of the 26. More than 3 400 customers signed up for net metering through 2017 up from more than 2 100 two years earlier according to the commission s most recent figures. Maybe the lawmakers in lansing will come to their senses soon and get net metering back as the law of the land but until then we d recommend extreme caution before. See all our solar incentives by state.

Here are some of the top solar energy incentives and rebates currently available in michigan. Michigan also has substantial natural gas reserves and this fossil fuel accounts for more energy usage than any other single source. 2018 can qualify for this credit. Currently michigan doesn t offer much in terms of solar incentives.

States for solar irradiance michigan mostly lies farther south than germany where solar power is heavily deployed. Federal investment tax credit with the solar investment tax credit you can reclaim about 26 percent of the purchase and installation cost of your solar power system as a federal tax credit. Following the national extension of the solar investment tax credit itc through 2021 it has never been a better time to go solar. The majority of michigan s electricity comes from coal fired plants and nuclear power.

See below for more information. Michigan ranks thirty second in the nation for solar capacity but installations were up by 33 in 2014. However michiganders can still take advantage of the federal solar tax credit which is worth 30 percent of the total cost of the solar energy system. For all other technologies the credit is not available for systems whose construction commenced after december 31 2017.

Although among the lowest u s. This awesome credit cuts the cost of your overall solar installation by 26 percent making solar pv a more affordable and appealing energy source than fossil fuels. Michigan solar tax credits and incentive programs the federal investment tax credit. There are two tax credits you need to be aware of when switching to solar.

The consensus on michigan solar power rebates and incentives. In addition the federal government offers a 30 tax credit for the whole installed cost of your system that s a huge benefit available to you no matter where you live in the us. Michigan has a chance to be a great state for home solar power but without net metering it just can t be. The value of the credit for wind steps down in 2017 2018 and 2019.