At the centre are the Ministry of New & Renewable Energy (MNRE) capital‑subsidy slabs for rooftop and small ground‑mounted plants, the feed‑in‑tariff style generation‑based incentives (GBI) available in select states, and project‑linked soft‑loan windows from IREDA and.
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How to claim: You simply file IRS Form 5695 with your federal tax return. If you install your solar system by the end of 2025, you can claim the full 30% credit. Self-Generation Incentive Program (SGIP): Offers rebates for solar plus energy storage systems.
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Unprecedented Equity Focus in 2025: The new $280 million Residential Solar and Storage Equity budget launching June 2, 2025, offers the highest incentives in SGIP history at $1,100 per kWh for storage plus $3,100 per kW for solar, potentially covering 100% of installation.
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The federal government leads the charge in solar grant funding, with several major programs offering substantial financial assistance to qualified applicants.
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