Eligible for Tax Credits
💡 What Does Eligible for Tax Credits Mean?
When you purchase solar products for your home, you may qualify for Federal Solar Tax Credits (also known as the Investment Tax Credit or ITC). This means you can deduct a percentage of your solar system costs from your federal taxes — saving you thousands of dollars.
đź§® How Much Can You Save?
As of 2025, homeowners can claim up to 30% of the total cost of their solar installation as a tax credit. This includes:
- Solar panels and kits
- Inverters and batteries
- Installation costs
- Permitting and inspection fees
For example, if your solar system costs $10,000, you could receive a $3,000 tax credit.
âś… Who Is Eligible?
You may qualify if:
- You own the solar system (not leasing)
- It’s installed on your primary or secondary residence
- The system is new and not previously used
- You have sufficient tax liability to claim the credit
đź“… When Should You Act?
The 30% credit is available now, but may decrease in future years. The sooner you install, the more you save.
📌 How to Claim It
- Keep all receipts and documentation
- File IRS Form 5695 with your tax return
- Consult a tax professional if needed
🏠Why It Matters
Tax credits make solar more affordable than ever. Combined with energy savings and increased home value, going solar is a smart financial move.