Venture Home State & Local Solar Incentives Overview

Venture Home State & Local Solar Incentives Overview

A guide to additional state-level tax credits, SREC programs, battery incentives, and property tax exemptions available across your state — on top of your net metering credits and any Class 1 RECs.

⚠️ Eligibility: Most incentives require customer-owned systems (cash or loan). TPO customers (lease/PPA) should speak with their financing provider about what applies.


Quick Reference by State

New England

State Income Tax Credit Property Tax Sales Tax SREC/REC Battery Incentives
MA 15% up to $1,000 ✅ 20 years ✅ Exempt ✅ Class 1 RECs Via federal
RI ❌ None ✅ Exempt ✅ Exempt ✅ Class 1 RECs REF Grant
NH ❌ None ✅ Most towns ✅ None ❌ No state program ❌ None
ME ❌ None ✅ Exempt ✅ Exempt ❌ No state program ❌ None
CT ❌ None ✅ Exempt ✅ Exempt ❌ No program ✅ ESS Program

Mid-Atlantic

State Income Tax Credit Property Tax Sales Tax SREC Market Battery Incentives
NY ✅ 25% up to $5,000 ✅ Exempt ✅ Exempt ❌ No SREC ✅ NYSERDA (~$200/kWh)
NJ ❌ None ✅ Exempt ✅ Exempt ✅ SREC-II (Fixed) Via federal
PA ❌ None ✅ Varies ✅ 6% ✅ AEC Market ❌ None
MD ❌ None ✅ Exempt ✅ Exempt ✅ SREC (~$50-55) ✅ MEA Grant ($7,500)
DC ❌ None ✅ Exempt ✅ 6% ✅ DC SREC (High value) ❌ None
DE ❌ None ✅ Generally ✅ None ✅ PA AEC Access ❌ None

By Incentive Type

Property Tax Exemptions

All Venture Home states except Pennsylvania offer property tax exemptions for solar:

  • MA: 20 years
  • RI, CT, ME, MD, DC: Full exemption
  • NH: Most municipalities (check locally)
  • NY: Statewide (NYC has special abatement)
  • PA: No formal exemption (varies by county)
  • DE: Generally exempt (personal property)

Sales Tax Exemptions

All Venture Home states except Pennsylvania and DC exempt solar from sales tax:

  • MA: 6.25% saved
  • RI: 7% saved
  • CT: 6.35% saved
  • NY: Full exemption
  • NJ: Full exemption
  • MD: 6% saved
  • NH, DE: No sales tax (automatic savings)
  • PA: 6% applies
  • DC: 6% applies

Income Tax Credits

Only three states offer income tax credits:

  • MA: 15% up to $1,000
  • NY: 25% up to $5,000
  • Others: None

SREC/REC Programs

State Program Structure Typical Value
MA Class 1 RECs Market-based Varies
RI Class 1 RECs Market-based Varies
NJ SREC-II Fixed payment Guaranteed
PA AECs Market-based Fluctuates
MD SRECs Market-based ~$50-55/SREC
DC DC SRECs Market-based High value
DE PA AEC Access Via PA market Fluctuates

Battery Incentives

State Program Amount
CT ESS Program Up to $16,000
NY NYSERDA ~$200-250/kWh
MD MEA Grant Up to $7,500
RI REF Grant Varies (check availability)

State-Specific Details

Click your state for complete incentive details:

New England

  • [[massachusetts-solar-incentives|Massachusetts Solar Incentives]]
  • [[rhode-island-solar-incentives|Rhode Island Solar Incentives]]
  • [[new-hampshire-solar-incentives|New Hampshire Solar Incentives]]
  • [[maine-solar-incentives|Maine Solar Incentives]]
  • [[connecticut-solar-incentives|Connecticut Solar Incentives]]

Mid-Atlantic

  • [[new-york-solar-incentives|New York Solar Incentives]]
  • [[new-jersey-solar-incentives|New Jersey Solar Incentives]]
  • [[pennsylvania-solar-incentives|Pennsylvania Solar Incentives]]
  • [[maryland-solar-incentives|Maryland Solar Incentives]]
  • [[washington-dc-solar-incentives|Washington, D.C. Solar Incentives]]
  • [[delaware-solar-incentives|Delaware Solar Incentives]]

Important Notes

Customer-Owned vs. TPO

  • Customer-owned (cash/loan): Eligible for most incentives
  • Lease/PPA: Check with your finance provider; incentives typically go to owner

Timing

  • Income tax credits: Claimed the year system is placed in service
  • Property tax exemptions: Applied automatically (confirm with assessor)
  • Sales tax exemptions: Applied at point of purchase
  • SRECs: Earned monthly based on production
  • Battery incentives: Typically applied to project cost

Registration

Venture Home handles registration for:

  • NEPOOL-GIS (MA, RI, NH, ME)
  • PJM-EIS GATS (NJ, PA, MD, DE)
  • SREC-II (NJ)
  • State battery programs (CT, NY, MD)

Disclaimer

This article is for general informational purposes only and reflects program details as of early 2026. Incentive programs change frequently — rates, funding availability, and eligibility rules are subject to revision.

Venture Home does not provide tax, legal, or financial advice. Always consult a qualified tax professional before making decisions based on incentive eligibility.

For the most current program status, contact your Venture Home project manager or Customer Success at 800-203-4158.


Related Articles

  • [[srecs-and-incentives|SRECs and Solar Incentive Programs]] — How RECs work
  • [[net-metering|Understanding Net Metering]] — Credits on your utility bill
  • [[finance-providers|Finance Provider Information]] — For lease/PPA customers

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