Incentives

Blue Ridge, GA USA • 706-374-6520 • greenpoint@tds.net

The abundance of incentives currently available make this the best time ever to invest in a renewable energy solution for your business or home. System payback for solar PV is now only 3-5 years for commercial installations and 8-10 years for residential installs! The charts below summarize some of the most common incentives, but please feel free to contact us, your tax professional, or your utility company for more information. The DSIRE web site is also a great resource for info regarding renewable energy incentives. Please view our pricing pages for some examples of what your net cost may look like after some of these incentives have been applied

Commercial Incentives
	Solar PV	Wind	Solar Thermal
30% Federal Tax Credit (ITC)	No Cap	No Cap	No Cap
35% GA State Tax Credit	Max $500,000	Max $500,000	Max $100,000
30% Federal Grant	No Cap	No Cap	No Cap
Fed MACRS Depreciation	MACRS depreciation allows your business to depreciate the remaining cost of the system after tax credits and grants on a 5 depreciation schedule.
35% NC State Tax Credit	Max $2.5 Million	Max $2.5 Million	Max $2.5 Million

Residential Incentives
	Solar PV	Wind	Solar Thermal
30% Federal Tax Credit (ITC)	No Cap	No Cap	No Cap
35% GA State Tax Credit	Max $10,500	Max $10,500	Max $2,500
35% NC State Tax Credit	Max $10,500	Max $10,500	Max $1,400

Utility Production Incentives
	Details
TVA - Green Power Switch Generations Partners Program	Tennessee Valley Authority (TVA), through participating TVA power companies, offers a production-based incentive program that is $1000 + $0.12/kWh above the retail rate for solar PV and $0.03/kWh above the retail rate for wind.
Georgia Power - Solar Buyback Program	Georgia Power offers a production-based incentive that is $0.17/kWh up to 10 kW for residential and up to 100 kW for commercial. All power generated must be sold back to the grid to participate in this program.