In Solar Thermal, or Solar Hot Water, solar collectors trap the sun’s energy and use it to heat the water you need. Need is generated by the amount of hot water used on per-person basis.
Solar Thermal Incentives in CT:
- Property Tax Exemption for Renewable Energy Systems: 100% Exemption
- State Rebate Program: Residential: $275/MMBtu (predicted output)
Commercial: $450/MMBtu (predicted output)
Not-for-profit (and governmental): $550/MMBtu (predicted output)
- Renewable Energy Tax Credit (Residential): 30% of gross project cost
- Business Energy Investment Tax Credit (ITC): 30% of gross project cost