Solar Tax Credits & Financing

Discover how federal tax credits, state incentives, and flexible financing options can reduce your solar costs by 30-50% or more.

30%
Federal Tax Credit
$0
Down Payment Options
25+
Years of Savings

Federal Solar Tax Credit

The Investment Tax Credit (ITC) allows you to deduct 30% of your solar system costs from your federal taxes - no income limits or caps.

30%
Federal Tax Credit
Available through 2032

No Income Limits

Available to all taxpayers regardless of income level

No Dollar Cap

30% credit applies to the full system cost, no maximum limit

Multi-Year Rollover

Unused credits can be carried forward to future tax years

Credit Timeline

30%
2024 - 2032
Full 30% credit available
Current
26%
2033
Credit steps down to 26%
22%
2034
Credit steps down to 22%
10%
2035+
Credit drops to 10% for commercial
Act Now
Install by 2032 to lock in the full 30% credit

Example: $25,000 Solar System

$25,000
System Cost
Before incentives
$7,500
Tax Credit
30% of system cost
$17,500
Net Cost
After federal credit

State & Local Incentives

Stack additional savings on top of federal tax credits with state rebates, local incentives, and utility programs.

Cash Rebates

Direct cash back from utilities or state programs, typically $500-$3,000+

Tax Credits

State tax credits ranging from 5-25% of system cost

SREC Programs

Solar Renewable Energy Certificates providing ongoing income

Property Tax

Exemptions preventing solar from increasing property taxes

Top State Incentive Examples

CA

California

Net Metering: Full Retail
SGIP Battery: Up to $1,000/kWh
Property Tax: 100% Exempt
NY

New York

NY-Sun Credit: 25% up to $5,000
NYSERDA Rebate: $0.40/W
Sales Tax: Exempt
MA

Massachusetts

State Credit: 15% up to $1,000
SMART Program: $0.20+/kWh
Sales Tax: Exempt

Find Your State & Local Incentives

Incentives vary by location and change frequently. Get a personalized analysis of all available programs in your area.