Renewable Energy Tax Credits 2024 Calculator. The federal solar tax credit can make improving your energy grid investment a lot more affordable. Those who install a pv system between 2022 and 2032 will receive a 30% tax credit.
The amount you can claim directly reduces the amount of tax you owe. The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage,.