Average residential solar project ,000 more without tax credit, said EnergySage

发布日期:2025-06-26 14:52:50   浏览量 :9
发布日期:2025-06-26 14:52:50  
9

One of the major motivations for installing rooftop residential solar is saving on electricity bills.

Residential solar systems offset electricity needs for 25 years or more, but the payback period, or amount of years to breakeven on your investment is far shorter than that.

Currently, payback periods range from about 4 years (in places like Illinois and Washington D.C.) to about 14 years (Tennessee and Washington), said solar marketplace operator EnergySage.

For many years, the federal government has offered a tax credit that covers 30% of a residential solar installation’s cost. This tax credit was designed to remain available into the mid 2030s, but the Senate’s latest budget proposal cuts the credit within 180 days of enactment .

This hurts the return-on-investment for residential solar. EnergySage said installing solar now, before the credit is gone, will save an average of about $9,000 on installed system costs. Without the tax credit, the average payback period will be about 2 to 8 years longer, or about 43% longer across the United States, said EnergySage.

“The current version of the bill being debated in the Senate is poised to eliminate the residential solar tax credit nearly a decade ahead of schedule, and with virtually no phase-down period and a cutoff date of Dec. 31, 2025,” said Casey McDevitt, contributing writer, EnergySage.

Here’s how EnergySage projects the payback period will change in your state without the solar Investment Tax Credit:

State Payback period with ITC (years) Payback Period without ITC (years) Difference (years)
Arkansas 10.9 15.5 4.7
Arizona 11.0 15.7 4.7
California 5.1 7.3 2.2
Colorado 11.3 16.1 4.8
Connecticut 6.1 8.8 2.6
Washington D.C. 3.9 5.6 1.7
Delaware 8.5 12.2 3.6
Florida 10.9 15.5 4.7
Georgia 12.3 17.6 5.3
Iowa 13.3 18.9 5.7
Idaho 13.9 19.8 5.9
Illinois 4.1 5.8 1.7
Indiana 13.3 18.9 5.7
Kansas 12.5 17.8 5.4
Kentucky 12.7 18.2 5.4
Louisiana 13.6 19.4 5.8
Maryland 8.1 11.5 3.5
Maine 12.1 17.3 5.2
Michigan 12.5 17.9 5.4
Minnesota 10.7 15.3 4.6
Missouri 11.8 16.9 5.1
North Carolina 10.3 14.6 4.4
New Hampshire 8.0 11.4 3.4
New Jersey 6.2 8.8 2.6
New Mexico 10.2 14.6 4.4
Nevada 6.3 9.0 2.7
New York 8.1 11.6 3.5
Ohio 8.0 11.4 3.4
Oklahoma 10.0 14.2 4.3
Oregon 9.4 13.4 4.0
Pennsylvania 7.1 10.1 3.0
Rhode Island 6.8 9.7 2.9
South Carolina 8.8 12.6 3.8
Tennessee 14.5 20.8 6.2
Texas 6.2 8.9 2.7
Utah 19.7 28.1 8.4
Virginia 8.9 12.7 3.8
Vermont 10.5 15.1 4.5
Washington 14.1 20.2 6.1
Wisconsin 10.2 14.6 4.4
West Virginia 10.5 15.0 4.5

联系方式
电话:
邮箱:
0086 152 6149 0726
关于我们
BS能源:光伏行业的领军企业
Copyright©2024 BS能源


云计算支持 反馈 枢纽云管理