Puerto Rico offers a 30% tax deduction (up to $1,500) 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 Type:||Personal Tax Deduction|
|Administrator:||Puerto Rico Energy Affairs Administration|
|Eligible Renewable/Other Technologies:||
|Equipment Requirements:||Equipment must be certified and have a warranty of five or more years.|
|Name:||13 L.P.R. § 8423|
|Name:||C2610 (2010) Act No. 83|
|Name:||Departamento de Hacienda|
PO Box 9024140
San Juan PR 00902
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.
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