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Interested in seeing your tax credit eligibility?

There are many tax credits available for going solar. Tax credits are generally available at the federal, state, and local levels. Use our instant tax credit eligibility tool to see what credits you might be eligible for.

Did you know?

30%

Federal Tax Credit for going solar

13

Additional State Incentives

100's

Local/Utility sponsored solar tax credits

What is the Federal Solar Investment Tax Credit?

What's the Deal?

If you're a U.S. resident paying federal taxes, here's some good news. The Solar Investment Tax Credit (ITC) can help you save money on solar installation costs.

How Does It Work?

You get a 30% credit on your federal taxes, thanks to the Inflation Reduction Act of 2022. For example, spend $19,000 on a solar system, and your federal tax bill goes down by 30%, which is $5,700. If your tax bill is less than $5,700, the extra credit carries over to the next year. Quick note: you won't get it as cash, but it'll reduce your future taxes.

What's the Catch?

Keep an eye on the calendar. The 30% deal drops to 26% in 2033 and then 22% in 2034. After 2035, it might vanish unless Congress gives it a green light.

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Outset Solar LLC
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