Solar Power Incentives

Understanding the 30% Federal Solar Tax Credit

The 30% federal solar tax credit is one of the most significant incentives for going solar. It offers a substantial cost reduction and a unique opportunity to maximize your investment in clean energy. However, there is a lot of misinformation surrounding it, so it’s important to clarify a few key points.

We are talking about a Tax Credit—Not a Rebate

The solar tax credit is exactly that—a credit applied to your federal tax liability. How much you benefit depends on your individual tax situation. Because this varies from person to person, the best way to determine how it applies to you is by consulting your personal tax advisor or CPA.      

 

The IRS Will Not Mail You a Check

A common myth is that the government or IRS will automatically send you a check for 30% of your solar system’s cost. This is false. Any solar company that claims you will receive a 30% refund on your investment no matter what should be considered a red flag and dishonest practice.  

 

You Must Claim the Credit When Filing Your Taxes

To benefit from this incentive, you must include the necessary information when filing your taxes. If you don’t report your solar installation, you won’t ever see this incentive.

At Stitt Solar, we are committed to providing honest, expert guidance so you can make informed decisions about solar energy. If you have questions, we’re here to help!

30% solar tax credit

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