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Financial incentives for solar energy in Pennsylvania: magnitude and direction of impact upon the investment decision. Working paper No. 41

Technical Report ·
OSTI ID:6637091
The objective of an incentive program is to encourage participation in the market for solar heating equipment. This analysis examines the impact upon the investment decision resulting from four possible incentive programs: (1) exemption of the solar investment from sales and use tax; (2) exemption of the solar investment from property tax; (3) allowing a $1,000 grant (or tax credit) for a solar investment; and (4) initiating a guaranteed loan program which results in a 2 percent reduction in the loan interest rate.
Research Organization:
Pennsylvania State Univ., University Park (USA). Center for the Study of Environmental Policy
OSTI ID:
6637091
Report Number(s):
NP-23375
Country of Publication:
United States
Language:
English

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Related Subjects

14 SOLAR ENERGY
140901* -- Solar Thermal Utilization-- Space Heating & Cooling
29 ENERGY PLANNING, POLICY, AND ECONOMY
299001 -- Energy Planning & Policy-- Solar-- (1989-)
AUXILIARY HEATING
CENTRAL REGION
COST
ECONOMIC ANALYSIS
ECONOMIC IMPACT
ECONOMICS
FINANCIAL INCENTIVES
FINANCING
HEATING
HEATING SYSTEMS
INVESTMENT
LIFE-CYCLE COST
NORTH AMERICA
PENNSYLVANIA
SOLAR HEATING SYSTEMS
SPACE HEATING
TAXES
USA