Incentives for Renewable and Sustainable Renovations

Part
01
of four
Part
01

Incentives for Renewable and Sustainable Renovations - New York

The state of New York offers a variety of tax incentives and programs for home-owners making changes to make their residences more sustainable or green. The five programs identified include tax credits, sale tax exemptions, rebate programs, and property tax exemptions.

Residential Solar Tax Credit

Solar Sales Tax Exemption

NYSEG (Gas) — Residential Efficiency Program

Renewable Heat NY

Local Option — Solar, Wind & Biomass Energy Systems Exemption


Part
02
of four
Part
02

Incentives for Renewable and Sustainable Renovations - Connecticut

The state of Connecticut;s tax incentives and programs include sale tax exceptions, rebate programs, and property tax exemptions for homeowners.

Sales and Use Tax Exemption for Solar and Geothermal Systems

(Electric and Gas) Residential Rebate Program

  • The (electric and gas) residential rebate program is an Energize CT program in coordination of some of Connecticut's utility providers.
  • The rebate is on clothes washers, dishwasher, refrigerators/freezers, dehumidifiers, water heaters, lighting, furnaces, boilers, heat pumps, and air conditioners. The rebates range from $200 to $1,500.

Residential Solar Investment Program

Property Tax Exemption for Renewable Energy Systems

  • Administered by the Connecticut Department of Revenue Services the property tax exemption for renewable energy systems is a property tax exemption for "Class I" renewable energy systems.
  • The systems can be placed on single family homes or multi-family properties. Eligible systems include solar, biomass, and combined heat and power.


Part
03
of four
Part
03

Incentives for Renewable and Sustainable Renovations - Rhode Island

Rhode Island offers four tax incentives or programs for home-owners making homes more sustainable or greener. The programs include sales and property tax exemptions and program rebates.

Renewable Energy Products Sales and Use Tax Exemption

  • In Rhode Island, solar water heat, solar space heat, solar thermal electric, solar photovoltaics, wind, geothermal heat pumps, and solar pool heating are all 100% exempt from sales tax.

Property Tax Exemption for Renewable Energy Equipment

  • Enacted in 2016, the state of Rhode Island created a property tax exemption for qualifying renewable energy systems and associated equipment.
  • Eligible renewable equipment includes direct solar radiation, wind, ocean, geothermal, small hydro, eligible biomass fuels, and fuel cells using renewable resources.

National Grid (Gas) — Residential Gas Heating Rebate Programs

Local Option — Property Tax Exemption for Renewable Energy Systems

  • Rhode Island offers a property tax exemption for eligible renewable energy systems. Eligible equipment includes direct solar radiation, and wind.
  • The property tax exemption is dependent on the cities and towns to exempt, by ordinance, renewable energy systems from property taxation.


Part
04
of four
Part
04

Incentives for Renewable and Sustainable Renovations - Massachusetts

In the states of Massachusetts incentives or programs for home-owners making homes more sustainable or greener include utility rebates, property tax exemptions and sales tax exemptions.

Chicopee Electric Light — Residential Solar Rebate Program

Renewable Energy Property Tax Exemption

Residential & Small-Scale Solar Hot Water Program

Renewable Energy Equipment Sales Tax Exemption

Sources
Sources