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| Rebate Type |
Amount |
| Solar Power Installation Rebate |
Up to 50% of installed cost |
Property Tax Exclusion
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None |
| Sales Tax Exemption |
None |
| State Tax Credit |
None |
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Louisiana Home Energy Rebate Option (HERO) for Home Efficiency Improvements
| Incentive Type: |
State Rebate Program |
| Eligible Efficiency Technologies: |
Comprehensive Measures/Whole Building, Custom/Others pending approval |
| Applicable Sectors: |
Residential |
| Incentive Amount: |
Up to 20% of costs |
| Maximum Incentive: |
$2,000 |
| Project Review/Certification |
New homes no longer are eligible under the program; existing homes must have improved energy efficiency of at least 30% |
| Website: |
http://www.dnr.louisiana.gov/sec/execdiv/techasmt/programs/residential/hero/index.htm |
Louisiana Tax Credit for Solar and Wind Energy Systems on Residential Property
| Incentive Type: |
Personal Tax Credit |
| Eligible Renewable Technologies: |
Solar Water Heat, Solar Space Heat, Solar Panel Photovoltaic, Wind, Solar Pool Heating |
| Applicable Sectors: |
Residential, Multi-Family Residential |
| Amount: |
50% of the first $25,000 of the cost of each solar power system |
| Maximum Incentive: |
$12,500 per installed solar power system |
Louisiana provides a tax credit for the purchase and installation of solar and wind energy systems purchased and installed on or after January 1, 2008. The credit may be applied to personal, corporate or franchise taxes, depending on the entity that owns the property, but the system must be installed at either a residence or a residential rental apartment complex to be eligible. The tax credit may be applied both to solar-electric systems (PV systems) and solar-thermal systems, when the energy is used for space heating, space cooling or water heating. The amount of the credit is equal to 50% of the first $25,000 of the cost of the system, including installation costs (unless the taxpayer is installing the system). The credit must be fully claimed in the taxable year in which the system is installed and placed in service. Any excess credit which exceeds the taxpayer's liabilities for that year shall be treated as an overpayment, and the Louisiana Department of Revenue will issue a refund for the remaining amount within one year of receiving the claim.
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For solar PV panels, the tax credit applies to AC or DC generation systems that are grid-connected net-metered systems (with or without battery backup) or stand-alone systems. Eligible wind energy systems include AC or DC electric generation and mechanical wind systems. Solar thermal systems include those used for solar hot water, heating and cooling thermal energy and pool heating.
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Electrical equipment must be UL certified and installed in compliance with all applicable building and electrical codes. Solar thermal equipment must be SRCC certified and installed in compliance with all applicable building and plumbing codes. Installations must be performed by a licensed contractor, the owner of the residence, or by a person who has received certification by a technical college in the installation of such systems. In order to claim a tax credit for a wind or solar energy system all components must be installed at the same time as the system.
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This tax credit may be combined with any federal tax incentive, but it may not be combined with any other state tax incentive. Whenever additional incentives such as cash rebates, prizes or gift certificates are offered in addition to the tax credit, the eligible cost must be reduced by the value of the incentive received.
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Solar Energy System Property Tax Exemption
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In Louisiana, any equipment attached to an owner-occupied residential building or swimming pool as part of a solar energy system is considered personal property that is exempt from ad valorem taxation. The value of a solar energy system will not be included in the assessment of such buildings or swimming pools.
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| A solar energy system is defined as "any device that uses the heat of the sun as its primary energy source and is used to heat or cool the interior of a structure or swimming pool, or to heat water for use within a structure or swimming pool." Solar energy systems include but are not limited to systems utilizing solar collectors, solar cells and passive roof ponds. |
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