Last Update: January 2024
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2024 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 |
