
Can you get a tax credit for solar panels?
Homeowners who want to go solar are usually interested in helping the environment, but for many people the top reason for adding solar panels to their house is to save money.
Fortunately, everyone in the United States can be eligible for a federal income tax credit, which is currently worth 26% of the total system costs. For example, if you have a solar system with an invoice price of $20,000, the credit can reduce the amount of federal income tax you owe by $5,200.