Inflation Reduction Act 2024 Solar Panels Rebate. Per the inflation reduction act, the itc is 30% of the solar system cost until 2033 and will gradually reduce until it expires in 2035. The federal solar tax credit can cover up to 30% of the cost of a system in 2024.
Families who make other energy efficiency improvements can receive tax credits worth up to $500 for doors, $600 for windows, $150 for a home energy audit, and. The inflation reduction act’s climate incentives roll out in 2023 on everything from rooftop solar to home batteries and insulation