30% Solar Investment Tax Credit (ITC)When you purchase and install a solar electric system on your home, one of the biggest incentives you can take advantage of is the the federal solar investment tax credit (ITC), where you can take a tax credit
Through the Inflation Reduction Act signed into law on August 16, 2022, the 30% solar tax credit that previously ended in 2021 was reinstated for all residential solar installations through 2032. This higher 30% rate is also retroactive to 2022 solar installations that were previously subject to the 26% rate.
There has never been a better time to go solar and help create a cleaner and more sustainable energy future for generations to come. If you'd like to start your solar journey and claim the newly reinstated 30% solar tax credit, click the button below for a free, no-obligation solar consultation.
Where to Find Solar IncentivesThe N.C. Clean Energy Technology Center, funded by the U.S. Department of Energy, at N.C. State University has created one of the most comprehensive systems in the country to search and learn about information on incentives and policies that support renewables and energy efficiency. This system is called DSIRE© and it allows information to be easily filtered by state. Information on this site is constantly updated, making it straightforward to those applying for incentives, as the current requirements are clearly listed.
Solar systems are a great addition for Arizona homeowners to consider as the benefits more than likely outweigh the costs. Solar power reduces cost, encourages and supports green-living in your community and enhances your overall lifestyle. Be sure to speak with a residential solar system expert to learn more about the solar incentives available to you.
