Solar Opportunities - Oklahoma
Solar Offerings and Incentives
Homeowners in Oklahoma who install solar are eligible for state and federal tax breaks as described below.
State and Local Incentives
Property-Assessed Clean Energy (PACE) Financing
This financing program allows homeowners to borrow money to make energy improvements to their home. Improvements eligible for this type of financing are determined by local governments. More information can be found here.
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.
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