2024 Tax Credits For Solar. Find out more about the itc and how you can qualify. The federal solar investment tax credit (itc) offers a direct reduction in taxes owed as an incentive for installing a new solar energy system.

The federal solar investment tax credit (itc) offers a direct reduction in taxes owed as an incentive for installing a new solar energy system. In 2024, the federal solar tax credit is equal to 30% of solar installation costs.