Solar Panel Credits Louisiana

The federal solar tax credit.

Solar panel credits louisiana.

Act 413 of the 2017 regular session of the louisiana legislature. The most impactful solar policy in louisiana was the solar tax credit program in 2008. Revenue information bulletin 17 012. The solar incentives in louisiana will have a significant impact on your total solar costs but you can t forget about the federal solar tax credit also known as the itc.

Unfortunately for solar advocates louisiana concluded in 2013 that a mandatory rps was not necessary in state. Solar panel cost in louisiana. The average cost for an installed residential solar system in louisiana is currently 10 558 after claiming the 26 federal solar tax credit. Act 413 of the 2017 regular session of the louisiana legislature solar energy systems tax credit ldr news release payments authorized for solar energy system purchasers affected by tax credit cap.

The residential renewable energy tax credit as the irs calls it can be an attractive way to save on the significant cost of installing solar panels or roofing an average sized residential solar. You can only get the tax credit once in a lifetime the louisiana state rebate is 50 on purchases and 28 on leases the federal is 30 on leases and purchases. This financial incentive provided a 50 percent tax credit up to 12 500 for the purchase of installing a solar energy system. You can only get tax credit for either solar panels or solar water you cant get both.