Solar Tax Credit: What It Is and How It Works

You may be able to recoup as much as 30% of the cost of the panels.
Andy Rosen
By Andy Rosen 
Edited by Pamela de la Fuente

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If you installed solar panels in 2022, you may be in line for a tax break when you file your returns this year. The U.S. government offers a solar tax credit that can reach up to 30% of the cost of installing a system that uses the sun to power your home.