Following are some examples of other options that can help you finance a solar energy project. These programs are helping many people add solar power systems to their homes.
PV systems are being supported by many governments in Europe and in the United States, where rebates are available from the federal government. Financial benefits may be available from state and local governments in addition to the federal benefits in the following forms:
• Tax rebates
• Tax credits
• Projects that pay for themselves, such as solar, wind, or geothermal
Tax rebates are simplistic in design and allow a homeowner to make energy-efficient home improvements and get a rebate in the process. To take advantage of tax rebates, you must use products or services that qualify for a tax rebate. Application for tax rebates are prepared and submitted separately or completed with your income tax return. Tax rebates are granted to individuals regardless of tax status.