Federal Solar Tax Credits Extended (USA)

[MountainDon]

It is official. Congress did extend the solar tax credits. The legislation extends the 30 percent tax credit for three years, through 2019. It then will drop to 26 percent in 2020 and 22 percent in 2022. After that, the tax credit will disappear for residential installations and fall to 10 percent for commercial projects. The credit will be 10 percent in 2022 and beyond for residential systems that are owned by a third party.


Interesting note: in past years the IRS has been allowing the solar tax credit for installations on RV's.