Solar Rebates & Tax Credits
Save on Your Solar Installation
Customers who lease solar panel systems cannot claim the federal tax credit outright, but the benefits are passed to them from the system’s owner or installer, lowering their monthly payment substantially.
The federal government currently offers a 30% solar tax credit expiring 12/31/2025. Additionally, commercial customers can take a 5-year accelerated tax depreciation on their system cost.
Federal Tax Credit – Expires 12/31/2025
Acclerated Tax Credit – Commercial Customers
Claim Your Credit
The IRS Form 5695 for Residential Energy Credits 2019 is the current form available for those who are looking to claim energy credits on their current income taxes. You are eligible to apply for this credit if you purchased and installed a solar power system during the past year.
