Inflation Reduction Act 2024 Solar Panels Reddit

Inflation Reduction Act 2024 Solar Panels Reddit. Energy storage projects were previously ineligible for tax credits unless they were connected directly to solar power projects. The inflation reduction act of 2022 sets aside $369 billion to decarbonize the economy and respond to climate change.


Inflation Reduction Act 2024 Solar Panels Reddit

According to that guide, the credit can. There’s a federal tax credit of 26% of installation costs, which declines to 22% next year.

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