30% Tax Credits for Solar and Batteries
Federal Tax Credits
As part of the Inflation Reduction Act that was signed into law on Tuesday, August 16, 2022, the federal government is incentivizing home and business owners to go solar.
The Federal Income Tax Credit is valued at 30% (2022-2032) of your total solar system cost. A tax credit is a dollar-for-dollar reduction of the income tax you owe. If you can’t use the full value in one year, you can roll over the remainder to future years.
In addition to the Federal Income Tax Credit some other utilities offer local solar rebate programs.
Click here to learn more about the Federal Solar Investment Tax Credit
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