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.
