Solar energy is a powerful tool for sustainable development. A clean, versatile, and increasingly affordable source of energy, solar can power diverse community needs, all while protecting the planet. But how exactly do we turn the sun’s rays into meaningful global progress.
The ITC will cut the cost of installing rooftop solar for a home by 30%, or more than $7,500 for an average system. By helping Americans get solar on their roofs, these tax credits will help millions more families unlock an additional average savings of $9,000 on their electricity bills over the life of the system.
Check out the Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics for more information on the ITC including eligibility requirements and how to claim it on your taxes.