Solar Attic Fan Hawaii Tax Credit

On this page you will find information and documents pertaining to the renewable energy technologies income tax credit retitc provided under 235 12 5 hawaii revised statutes.

Solar attic fan hawaii tax credit. All other solar energy systems such as photovoltaic systems. To power an attic fan but not the fan itself contractor labor costs for onsite preparation assembly or original installation including permitting fees balance of system equipment. The state of hawaii also offers at 50 75 rebate for solar attic fans via local utility companies. Incentives tax info state local tax credit rebate information resources tax incentives above and beyond the federal tax credit are available for many residents in specific municipalities.

State solar attic fan incentives. Renewable energy technologies income tax credit retitc hrs 235 12 5. In short the solar panel portion of a solar powered exhaust or ventilation fan is considered eligible for the credit not the cost of the entire fan. By jan 17 2014.

This mean that the taxpayer needs to in consultation with the contractor and or manufacturer to make a reasonable allocation of what part of the cost of the fan and labor to. Claiming your tax credit. 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. Residential models may also qualify for local and state solar and utility credits.

This guide provides an. To assist with claiming a tax credit natural light has provided a statement of certification for homeowners. Look for your state below to find additional information as you zoom in on your specific state city and municipalities. Choices that reduce energy consumption save money and pursue a 100 clean energy future.

Hawaii energy p o. Additionally the solar attic fan must have been properly installed meeting all applicable building electrical and fire codes. Tax credit for solar photovoltaics disclaimer. All solar star attic fans are considered residential photovoltaic systems which means they turn sunlight into energy so a portion of the cost of the fans qualify for a federal income tax credit.

The same personal tax credit of 35 of the actual cost of the system or 2 250 whichever is less applies to solar attic fans in hawaii as well as solar hot water. Local solar attic fan incentives.