Introduced
by
To authorize a non-refundable income tax credit of up to $500, for up to 20 percent of cost of installing a solar, wind or hydroenergy system used to supply energy to a principal residence or residential rental property unit that is part of a “net metering” plan in which a customer both generates some electricity which is fed back into the power grid, and also buys some power from the utility. The tax credit would also apply to money spent on an active solar, passive solar, wind, or hydroenergy system used to supply energy to the dwelling.
Referred to the Committee on Energy and Technology