Inflation Reduction Act: Solar tax credit
Save money when upgrading to an energy-efficient solar array with a tax credit from the federal government.
Rebate Overview
Overview
The Inflation Reduction Act offers a 30% tax credit for homeowners installing solar energy systems. This incentive applies to the total installation cost, with no cap on expenses. The credit is available for systems placed in service between 2022 and 2032, providing ample time for planning and installation. Additionally, energy storage systems are now eligible for tax credits under the act, further enhancing the benefits of adopting solar energy solutions. This rebate only applies to replacing existing appliances.
Benefits
Installing a solar energy system can make your home more comfortable and increase its value. It also helps reduce your electricity bills and supports a cleaner environment. By choosing solar, you're contributing to a sustainable future and taking advantage of significant financial incentives. For free guidance and more information, contact QuitCarbon today!
Details
- Start date: January 1, 2023
- Expiration date: December 31, 2034
- Incentive type: Tax Credit
- Maximum Percent:
- Category: Solar Array
- Link: More details
Maximize Your Savings with QuitCarbon
QuitCarbon's free, expert guidance makes it simple and affordable to get fossil fuels out of our homes. We've helped thousands of homeowners with planning, installation, and rebates on upgrades like heat pumps, mini-splits, induction cooking, and EV chargers.
QuitCarbon is a certified B Corp and ENERGY STAR® partner that provides free assistance with clean energy upgrades.
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QuitCarbon will maximize your cost savings with holistic planning, guidance on rebates, introductions to vetted contractors, and expert bid reviews.
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