Energy-Related Federal Financial Assistance
Learn more about SETO funding opportunities and technical assistance. These federal programs may provide financial assistance to lower energy
The best incentive for storage is the federal investment tax credit (ITC). The exact same ITC that provides a 30 percent credit on the cost of your solar system provides that same benefit to storage systems under certain conditions.
To date, state-level performance incentives for storage have typically been added to solar incentives. Perhaps the best-known state-level storage incentive in the US is California's Self-Generation Incentive Program (SGIP). SGIP provides a dollar per kilowatt ($/kW) rebate for the energy storage installed.
But act fast–this incentive is currently only authorized through the 2022 tax year and there's a cap on the level of funding available each year. Massachusetts offers a storage adder under the commonwealth's solar-focused SMART incentive program.
In fact, Green Mountain Power offers a few different programs for energy storage: a bring-your-own-device program that provides a rebate for whatever battery you want to install, as well as a Tesla Powerwall Pilot program. Did you find this page helpful?
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