Credits

Residential Clean Energy Credit

The Residential Clean Energy Credit offsets part of the cost of qualifying home clean-energy improvements such as solar panels.

Definition

The Residential Clean Energy Credit offsets part of the cost of qualifying home clean-energy improvements such as solar panels.

How It Works

It provides a credit equal to a percentage of the cost of eligible systems, including solar, certain batteries, and other qualifying equipment installed at a residence.

Example

A homeowner installing a qualifying solar system claims a credit for a percentage of the installed cost.

Who It Applies To

Homeowners making qualifying clean-energy improvements.

Watch-Outs

Eligibility rules and credit percentages change with legislation, so current-year rules and qualified-equipment lists matter.