Last Update: January 2025

Get a Free Solar Power Estimate from a local vendor

2025 continues the very popular residential Solar Federal Tax Credit or Investment Tax Credit first enacted in 2009.  With the new credit, you can claim up to 30% of solar power costs for a new solar electric system off your Federal taxes. Existing homes & new construction qualify. Both principal residences and second homes qualify. Rental properties do not qualify. 

In August 2022, Congress passed an extension of the ITC, raising it to 30% for the installation of which was between 2022-2032. (Systems installed on or before December 31, 2019 were also eligible for a 30% tax credit.) Read the rest of this entry »