What Is The Federal Tax Credit For Solar Energy? White Scribbled Underline
Did You Know That Solar Panels Can Offer More Than Just Savings On Your Electric Bill?
The Federal Government Provides A Tax Credit For Solar Energy Installation.
This Allows You To Deduct 26% Of The Solar Panel Installation Cost From Their Federal Taxes. File Taxes For Free!
The Credit Applies To Both Residential And Commercial Solar Systems.
To Add To It There Is No Cap On The Credit Amount.
Solar Tax Credit To Decrease Over Time: 22% In 2023 And 10% For Commercial Systems By 2024.
To Qualify For The Solar Tax Credit You Must Install The Solar Panels On A Property That You Own.
Moreover Solar Panels Must Meet Government Efficiency And Safety Standards.
Read Article
