Residential Solar Energy Tax Credit

July 31, 2013

Summary

Note: This tax credit is not available for systems installed after June 30, 2013. The summary below describes this credit as it was, and is available for informational purposes.

West Virginia passed legislation in June 2009 authorizing its solar energy tax credit for residential installations. The tax credit, which is 30% of the cost to purchase and install the system, is capped at $2,000. Eligible technologies include systems that use solar energy to generate electricity, heat or cool a residence, or provide hot water or solar process heat for use in the residence. Solar systems for heating a pool or hot tub are not eligible. The solar energy systems installed to provide hot water must derive 50% or more of its energy to heat or cool from the sun. If the credit exceeds the taxpayer's liability, the unused portion of the credit may be carried forward to "each of the next taxable years" until it is used (but may not be carried forward past July 1, 2014).

Taxpayers must complete Schedule SETC and file it along with their personal state tax returns.

Program Overview

Implementing Sector:	State
Category:	Financial Incentive
State:	West Virginia
Incentive Type:	Personal Tax Credit
Web Site:
Administrator:	West Virginia State Tax Department
Start Date:	07/01/2009
Eligible Renewable/Other Technologies:	Solar Water Heat Solar Space Heat Solar Photovoltaics
Incentive Amount:	30%
Maximum Incentive:	$2,000
Equipment Requirements:	Solar energy system used to provide hot water must derive at least 50% of its energy from the sun
Carryover Provisions:	Excess credit may be carried forward to each of the next taxable years until exhausted (up to four years)

Authorities

Name:	W. Va. Code Â§ 11-13Z
Date Enacted:	06/05/2009
Effective Date:	07/01/2009

Name:	Tax Administrative Rule 110-21D (Agency Approved Rule)
Date Enacted:	11/2009

Contact

Name:	Taxpayer Assistance - WV State Tax Dept
Organization:	West Virginia State Tax Department
Address:	Charleston WV 25328
Phone:	(800) 982-8297

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.