Puerto Rico - Tax Deduction for Solar Energy Systems (Puerto Rico)
Last modified on February 12, 2015.
Financial Incentive Program
| Place | Puerto Rico
|
|---|---|
| Name | Puerto Rico - Tax Deduction for Solar and Wind Energy Systems |
| Incentive Type | Personal Deduction |
| Applicable Sector | Residential |
| Eligible Technologies | Solar Pool Heating, Solar Water Heat |
| Active Incentive | Yes |
| Implementing Sector | State/Territory |
| Energy Category | Renewable Energy Incentive Programs |
| Amount | 30%
|
| Equipment Requirements | Equipment must be certified and have a warranty of five or more years.
|
| Maximum Incentive | $1500
|
| Program Administrator | Puerto Rico Energy Affairs Administration
|
| References | DSIRE[1] |
Summary
Puerto Rico offers a 30% tax deduction (up to $1500) for expenses incurred in the purchase and installation of solar equipment to heat water for residential use. "Solar equipment" is defined as "any equipment capable of using solar energy directly or indirectly to heat water, whether such equipment is bought or manufactured by the taxpayer, provided that the same is operating." The deduction applies to those who lease or own the residential property.
An individual who claims the solar equipment deduction must enclose with his or her tax return a certificate stating that the solar equipment has been approved by the Puerto Rico Energy Affairs Administration within the Department of Economic Development and Commerce, and a certificate stating that the solar equipment purchased has a warranty of five or more years.
Incentive Contact
| Contact Name | Departamento de Hacienda
|
|---|---|
| Address | PO Box 9024140 |
| Place | San Juan, Puerto Rico |
| Zip/Postal Code | 00902 |
| Phone | (787) 721-2020
|
| forms@hacienda.gobierno.pr | |
| Website | http://www.hacienda.gobierno.pr/index.htm |
Authorities (Please contact the if there are any file problems.)
| Authority 1: | 13 L.P.R. § 8423
|
|---|
| Authority 2: | C2610 (2010) Act No. 83 |
|---|---|
| Date Effective | 2010-07-19 |
| Date Enacted | 2010-07-19
|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]
References
Tax Deductions Solar Pool Heating Incentives
| Pool ResidentialTD % Eligible Costs | 30% |
|---|---|
| Pool ResidentialTD Max $ | $1500
|
Tax Deductions Solar Water Heating Incentives
| SWH ResidentialTD % Eligible Costs | 30% |
|---|---|
| SWH ResidentialTD Max $ | $1500
|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]
References