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What is the federal solar tax credit?

1 min read

The federal solar Investment Tax Credit (ITC) allows you to deduct 30% of the total cost of your solar installation from your federal income taxes. For a $22,000 system, this means a $6,600 tax savings. The 30% rate is available through 2032, then steps down to 26% in 2033 and 22% in 2034. Read our complete tax credit guide for more details.

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