Go solar to take advantage of federal solar tax credits before they expire

PLEASE READ: This post contains outdated information. Please visit our Washington and Oregon incentives pages for current rates.

The federal solar tax credit will be stepping down over the next few years, and home and business owners should move quickly to take advantage of the savings.

For homeowners, this means the system must have passed inspection by December 31 of each year to receive that year’s incentive tax credit. Simply having the solar panels installed does not qualify the system. The IRS states the system must be fully operational, or “placed in service.”

Read more from the IRS.

For commercial projects, the project must have commenced construction by December 31 of the year the credits will be taken and must have passed inspection by January 1, 2024.

The tax credit drops from 30 percent in 2019 to 26 percent in 2020 and 22 percent in 2021.

Get started with a free analysis of your home or business to see how solar could save you money!