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Federal Tax Credit for Residential Solar Panels - Solarise Solar

Complete Guide to the 2024 Federal Solar Tax Credit

Key takeaways:

  • The Residential Clean Energy Credit offers a 1:1 income tax credit, accounting for 30% of solar installation costs.
  • A solar system costing around $20,000 can qualify for a solar tax credit of $6,000.
  • The federal solar tax credit has been extended until 2035 through the Inflation Reduction Act.
  • To be eligible for the federal solar tax credit, you must own the solar panels, have a taxable income, and the panels must be installed at your primary or secondary residence.
  • The federal tax credit applies to a variety of equipment, including photovoltaic solar installations, battery storage, solar water heaters, geothermal pumps, fuel cells, and wind turbines.
Guide to Getting Solar Panels for Your Home in Colorado Springs and Utah

Planning for the Shift: How to Get Solar Panels for Your Home

Solar energy's rise in popularity is undeniable, and for a good reason. It provides an endless, renewable energy source and offers home and business owners substantial savings over time. If you're contemplating this greener energy alternative for your Colorado Springs home and wondering how to get solar panels, this guide is for you.

Residential Solar Panel Installation - Solar panel installation companies in Colorado

Solarise Solar
2936 Janitell Rd
Colorado Springs, CO 80906

Phone: (719) 315-3034
 

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Meet Some of the Solarise Solar Team

Meet Chris and the Solarise Solar team in Colorado Springs, Colorado - Solar installation for homes in Colorado

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