Stacking Incentives
Combining multiple financial incentives (federal ITC, state rebate, SREC income, utility rebate, property tax exemption) on a single project to maximize total savings.
Why It Matters
A well-stacked incentive package can reduce net solar cost by 50-70%. The order of application matters — some incentives are calculated before others are deducted.
Related Tools
Related Terms
Federal Tax Credit (ITC)
Investment Tax Credit allowing homeowners to deduct a percentage of solar installation costs from federal taxes. Currently 30% through 2032.
State Rebate
A direct cash rebate offered by a state, utility, or municipality for installing solar, typically based on system size ($/W) or a flat amount.
SREC (Solar Renewable Energy Certificate)
A tradable certificate representing the environmental benefits of generating 1 MWh of solar electricity. Can be sold for additional income in some states.