Can I Get a Tax Credit for Solar Panels?

Yes — the Residential Clean Energy Credit allows you to claim 30% of the cost of solar panels, solar water heaters, battery storage, and other qualifying clean energy installations on your home through 2032. The credit is non-refundable, meaning it can reduce your tax bill to zero but you won't receive the excess as a refund — however, unused credit carries forward to future years. There's no dollar cap on the credit amount, so a $30,000 solar system could generate a $9,000 credit. The credit applies to your primary residence and a second home. Keep your installer's invoice and make sure the equipment meets IRS eligibility requirements.