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Public utility subsidies for buying or installing clean energy property are subtracted from qualified expenses. This is true whether the subsidy comes directly to you or to a contractor on your behalf. However, utility payments for clean please click for source you sell back to the grid, such as net metering credits, don't affect your qualified expenses. Rebates are subtracted from qualified expenses if all of these apply:.
State energy efficiency incentives are generally not subtracted from qualified costs unless they qualify as how to see credit score for free rebate or purchase-price adjustment under federal income tax law. Many states label energy efficiency incentives as rebates even though they don't qualify under that definition.