Solar Opportunities - Michigan
Solar Offerings and Incentives
Depending on where you live, you may be eligible for a limited time offer of discounted purchase prices or may be able to purchase solar power without actually installing the equipment on your property. These opportunities are listed below. Of course, you can always install solar on your home independently of these programs. If you do so, don’t forget to claim the federal tax credit.
Federal Residential Renewable Energy Tax Credit
A federal-level investment tax credit (ITC) is now available to consumers wanting to purchase small wind turbines, solar panels, or geothermal heat pumps. The ITC, written into law through the Emergency Economic Stabilization Act of 2008, is available for equipment installed from Oct. 3, 2008 through Dec. 31, 2016. The credit covers 30% of the equipment cost, though some technologies have a credit cap of $2000. More details and a complete list of eligible technologies can be found here.
Local Projects
MI Solar Works
This is a state-wide residential solar initiative with the goal of solarizing 6,000 Michigan homes by the end of 2014. The program provides low prices and has financing options for those who are interested.
Eligibility: Michigan Resident
More information can be found here.
Solar Up North (SUN) Alliance Program
Cherryland Electric Cooperative offers the Solar Up North (SUN) Alliance program. Members can purchase SUN shares and receive a monthly bill credit for their shares output. This program is great for those who cannot to install their own solar systems or prefer not to incur risk and maintenance costs involved with traditional net metering.
Eligibility: Cherryland Electric Cooperative Members
More information can be found here.
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