Solar Investment Tax Credit: everything you need to know (2021 update)
Big news! The federal tax credit for homeowners and businesses that install solar, which was previously set to expire, has been extended for two years. Disclaimer: I'm a solar nerd, not a tax nerd. Please consult a tax professional for authoritative advice on this issue. This tax credit, often called the Solar Investment Tax Credit, gives homeowners and businesses a break on their federal taxes worth 26% of the gross price of a solar photovoltaic system.