Last Update: January 2023
Get a Free Solar Power Estimate from a local vendor by clicking the link to the right.
2023 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 »
Filed under: Alternative Energy, Effort, Energy, Green, Hard, Home, Solar | Tags: Federal Tax Credit, Federal Tax Credit for Energy Efficiency, Solar Energy, Solar Panels, Solar Rebate, Solar tax credit |
