(West Virginia) Residential Solar Energy Tax Credit

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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:
State: West Virginia
Incentive Type: Personal Tax Credit
Eligible Renewable/Other Technologies: Solar Water Heat, Solar Space Heat, Photovoltaics
Applicable Sectors: Residential
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)
Start Date: 07/01/2009
Expiration Date: 07/31/2013
Authority 1:
Date Enacted:
Date Effective:
W. Va. Code § 11-13Z
06/05/2009
07/01/2009
Authority 2:
Date Enacted:
Tax Administrative Rule 110-21D (Agency Approved Rule)
11/2009
Contact:

Taxpayer Assistance – WV State Tax Dept
West Virginia State Tax Department
Charleston, WV 25328
Phone: (800) 982-8297
Phone 2: (304) 558-3333
Web Site: http://www.wva.state.wv.us/wvtax/default.aspx

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