Did you know that homeowners who have recently installed solar photovoltaic (PV) panels may be eligible to receive a federal tax credit?
The federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for 26% of the cost of a solar PV system installed in 2020-2022.
The Solar Energy Technologies Office Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics gives an overview of the federal solar tax credit and answers the most common questions from homeowners, including:
- Am I eligible to claim the federal solar tax credit?
- What expenses are included?
- How do other incentives I receive affect the federal tax credit?
Check out the Homeowner’s Guide to learn more, and remember to file by April 18!