Offset Your Costs with Solar Rebates and Incentives. Solar energy is eco-friendly, free and nearly limitless. That’s why federal, local and state governments offer tax credits and solar rebates for people to purchase residential solar systems. The incentives can significantly reduce the cost of purchasing and installing a solar energy system in Oxford. For more details, read about the solar rebates and incentives below or call Franklin's Heating & Air Conditioning, Inc. at 662-350-0343. Government Tax Credits Federal HVAC Credit (25C) – $300 tax credit is currently given on solar heat pumps or air conditioners, the central part of the SunSource® Home Energy System. Federal Solar Credit (25D) – covers 30% of the cost and installation, with no upward limit, of SunSource solar modules. Additionally, the credit will cover 9% of the total cost of solar-ready products. State and Local Incentives More incentives may be offered by Oxford’s local and state governments, as well as utility companies. Call us at 662-350-0343 to find out more. Find other incentives that you qualify for at dsireusa.org or www.energystar.gov. Get in touch with a tax professional in Oxford for complete details on all federal, state and local tax credits.