26% Federal Tax Investment Credit

Receive 26% of the full system cost back as a credit against your total tax liability for the year your system was installed. This tax credit is 26% for systems ‘placed in service’ by December 31, 2022. In 2023, the tax credit drops to 22% and then starting in January 2024 expires entirely for residential systems. After 2024 the tax credit for commercial and utility entities will be 10%. Learn more details (including the IRS form) at EnergyStar.gov.

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