Louisiana Grants for Residential Solar Power
Federal and state governments provide a bewildering variety of grants and other incentives in support of renewable energy sources such as solar energy, geothermal and wind power. The availability of financial support for residential solar varies from one community to the next and according to the timing of different programs and budget cycles. Fortunately, you can find consolidated information online regarding grants and other financial incentives for residential solar energy in Louisiana.
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Types of Residential Solar Power
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Homeowners can make use of three types of solar power. Photovoltaic cells convert sunlight into electricity that you can use directly or store in batteries for later use. Solar water heaters use the sun's energy to provide hot water in the home, while a variety of solar space heating techniques can help keep a home warm in cold weather.
Funding for Residential Solar in Louisiana.
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Louisiana offers grants in the form of direct rebates for qualified solar water heating systems. The program, the Louisiana Residential Energy-Efficient Appliance Rebate Program, also offers rebates for qualified energy-efficient appliances such as washers, dryers and air conditioners.
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Other Financial Incentives for Residential Solar in Louisiana
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You can also take advantage of several incentive programs for solar energy systems in Louisiana. The state provides a tax credit for as much as 50 percent of the cost of solar energy systems. Solar energy systems may also be exempt from property taxes. You can apply for a low-interest loan to help pay the cost of a solar system through the Louisiana Home Energy Loan Program.
DSIRE
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You can find the latest information on grants and other financial incentives for solar energy in Louisiana at the online Database of State Incentives for Renewables and Efficiency. DSIRE keeps track of the rapidly changing status of state and local funding programs, and also provides information on federal incentives.
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References
Resources
- Photo Credit Solar energy image by lefebvre_jonathan from Fotolia.com
