Your Tax Credit Explained


Rebate from the state of California for your solar panels

The current federal solar tax credit allows you to claim 30% of the cost of your new solar system, which includes equipment and installation.

This credit has no upper limit.
To qualify, you need to owe federal tax to be able to get a credit.
The credit reduces the amount of tax you’ll have to pay, so if you don’t have any tax liability, the credit can’t help you
(it will, however, roll over into the next year or until 2019 if needed).
If you’re liable then, you can apply it at that point.
It applies to solar systems installed in existing homes and new constructions, as well as second residences, but doesn’t apply to rentals.
The credit is available for systems installed from 2009 through 2019.