Puerto Rico - Tax Deduction for Solar Energy Systems (Puerto Rico)

(Redirected from Puerto Rico - Tax Deduction for Solar and Wind Energy Systems (Puerto Rico))

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search

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

Date added to DSIRE 2002-10-21
Last DSIRE Review 2012-07-19
Last Substantive Modification
to Summary by DSIRE
2011-08-04


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


Email 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

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"

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

  1.  "Database of State Incentives for Renewables and Efficiency (DSIRE)"