Sectors: Residential

The Residential Renewable Energy Tax Credit allows taxpayers to claim a credit of 30% of qualified expenditures for a system that serves a dwelling unit located in the United States that is owned and used as a residence by the taxpayer. Expenditures with respect to the equipment are treated as made when the installation is completed. If the installation is at a new home, the “placed in service” date is the date of occupancy by the homeowner. Expenditures include labor costs for on-site preparation, assembly or original system installation, and for piping or wiring to interconnect a system to the home. If the federal tax credit exceeds tax liability, the excess amount may be carried forward to the succeeding taxable year. The maximum allowable credit, equipment requirements and other details vary by technology, as outlined below.

Solar-electric property

  • 30% for systems placed in service by 12/31/2019
  • 26% for systems placed in service after 12/31/2019 and before 01/01/2021
  • 22% for systems placed in service after 12/31/2020 and before 01/01/2022
  • There is no maximum credit for systems placed in service after 2008.
  • Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2021.
  • The home served by the system does not have to be the taxpayer’s principal residence.

Fuel cell property

  • The maximum credit is $500 per half kilowatt (kW).
  • Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2016.
  • The fuel cell must have a nameplate capacity of at least 0.5 kW of electricity using an electrochemical process and an electricity-only generation efficiency greater than 30%.
  • In case of joint occupancy, the maximum qualifying costs that can be taken into account by all occupants for figuring the credit is $1,667 per 0.5 kW. This does not apply to married individuals filing a joint return. The credit that may be claimed by each individual is proportional to the costs he or she paid.
  • The home served by the system must be the taxpayer’s principal residence.

At A Glance

  • System Size

    173.6kw

  • Estimated Savings

    $28,483 Annually

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

    184,864 Pounds of Coal

At A Glance

  • System Size

    26kw

  • Estimated Savings

    $4,238 Annually

  • Utility Provider

    Two Rivers Water & Light

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    2,411,958 Smartphones Charged

At A Glance

  • System Size

    23.8kw

  • Estimated Savings

    $3,716 Annually

  • Utility Provider

    Alliant Energy

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    1,948 Pounds of Coal

At A Glance

  • System Size

    197.6kw

  • Estimated Savings

    $22,293 Annually

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

    20,695 Gallons of Gas

At A Glance

  • System Size

    149.5kw

  • Estimated Savings

    $23,913 Annually

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

    1.8 Tanker Trucks of Gas

At A Glance

  • System Size

    123kw

  • Estimated Savings

  • Utility Provider

    Madison Gas & Electric

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    13,709,514 Smartphones Charged

At A Glance

  • System Size

    389kw

  • Estimated Savings

    $56,681 Annually

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

    44,398,424 Smartphones Charged

At A Glance

  • System Size

    133.2kw

  • Estimated Savings

    $1,114,935

  • Utility Provider

    Madison Gas & Electric

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    14,727 Gallons of Gas

At A Glance

  • System Size

    25.7kw

  • Estimated Savings

  • Utility Provider

    WE Energies

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    26,293 Pounds of Coal

At A Glance

  • System Size

    26kw

  • Estimated Savings

  • Utility Provider

    Alliant Energy

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

At A Glance

  • System Size

    28.86kw

  • Estimated Savings

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

At A Glance

  • System Size

    43.6kw

  • Estimated Savings

    $151,039

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metered

  • Environmental Equivalents

    4,817,623 Smartphones Charged

At A Glance

  • System Size

    73.84kw

  • Estimated Savings

    $329,713

  • Utility Provider

    Plymouth Utilities

  • Connection Type

    Parallel Generation

At A Glance

  • System Size

    64.845kw

  • Estimated Annual Savings

    $21,442

  • Utility Provider

    WPS

  • Connection Type

    Parallel Generation

At A Glance

  • System Size

    133kw

  • Estimated Savings

    $386,522

  • Utility Provider

    Alliant Energy

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    12,550 Gallons of Gas

At A Glance

  • System Size

    26.6kw

  • Estimated Anual Savings

    $3,953

  • Utility Provider

    Alliant Energy

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    12,578 Pounds of Coal

At A Glance

  • System Size

    128.7kw

  • Estimated Savings

    $513,821

  • Utility Provider

    Manitowoc Public Utilites

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    13,964,512 Smartphones Charged

At A Glance

  • System Size

    45.5kw

  • Estimated Savings

    $275,531

  • Utility Provider

    WE Energies

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    4,679,952 Smartphones Charged

At A Glance

  • System Size

    1.825 MW

  • Estimated Savings

    $103,000 Annually

  • Utility Provider

    WE Energies

  • Connection Type

    Direct Sell Rate Tariff

  • Environmental Equivalents

    1,740,000 ton of CO2 emissions

At A Glance

  • System Size

    388.8kw

  • Annual Savings

    $51,288

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metering

  • Environmental Equivalents

    26,104 gallons of gasoline consumed. 22,789 gallons of diesel consumed. 256,673 pounds of coal burned. 3.1 tanker trucks' worth of gasoline.

At A Glance

  • System Size

    388.9kw

  • Annual Savings

    $51,340

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metering

  • Environmental Equivalents

    26,135 gallons of gasoline consumed. 22,815 gallons of diesel consumed. 256,973 pounds of coal burned. 3.1 tanker trucks' worth of gasoline.

At A Glance

  • System Size

    299.3kw

  • Annual Savings

    $42,934

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metering

  • Environmental Equivalents

    20,076 gallons of gasoline consumed. 17,526 gallons of diesel consumed information. 197,404 pounds of coal burned.

At A Glance

  • System Size

    50.7 kW - DC

  • Estimated Savings

    $10,329

  • Utility Provider

    WE Energies

  • Connection Type

    Line Side/Parallel Generation (CGS-NM)

  • Environmental Equivalents

    361,853lbs of coal burned annually

At A Glance

  • System Size

    31.87 kW

  • Estimated Savings

    $4,998 Anually

  • Utility Provider

    WE Energies

  • Connection Type

    Monthly Net Metering (CGS-NM)

  • Environmental Equivalents

    CO2 Emissions: 22.6 Metric Tons 2,341 Gallons of Gasoline

At A Glance

  • System Size

    370kw

  • Estimated Savings

    $1,053,732

  • Utility Provider

    Alliant Energy

  • Connection Type

    Parallel Generation

  • Environmental Equivalents

    401,786 lbs. of Coal or 44,218,770 smartphones charged.

At A Glance

  • System Size

    389kw

  • Estimated Savings

    $1,190,164

  • Utility Provider

    WE Energies

  • Connection Type

    Net Metering

  • Environmental Equivalents

    384,108 lbs. of Coal or 42,273,187 smartphones charged