Solar Tax Credits

Solar tax credits are incentives offered by the government to make installing solar energy systems more affordable. They allow you to reduce your tax bill by a percentage of the cost of purchasing and installing solar panels. For example, if the credit is 30% and your solar system costs $10,000, you could reduce your taxes by $3,000. These credits encourage clean energy use, lower energy bills, and help reduce environmental impact. The specific percentage and rules can vary, so it's important to check current policies and consult a tax professional.