Claim Your Tax Credit Now Before It Expires!

Thinking about installing a solar system? Act now to reap the most benefits from choosing sustainable energy, including the Investment Tax Credit! Homeowners who purchase and install solar before the end of 2022 can save up to 26% on costs on their federal tax bill

That credit, also called the federal solar tax credit, will drop to 22% in 2023 before expiring completely in 2024 unless Congress renews it.

The average residential solar customer currently saves around $9,000, thanks to the ITC. Don’t miss out on this opportunity! Fill out the form below to get started with your local solar experts at A.M. Sun Solar.

How to Claim Your Tax Credit

In order to qualify for the federal solar tax credit, you must be the owner of your system and it must be installed and operational by Dec. 31, 2023. It’s critical to note that the IRS says your system must have permission to operate by the end of the year to qualify for that year’s tax credit.

Again, the credit will drop to 22% in 2023 and expire completely in 2024 for residential installations. The credit is set to expire in 2026 for commercial projects. If you don’t have enough tax liability to claim the entire credit in one year, the credit can “rollover” onto future years for as long as the tax credit is in effect.

Stay Informed With A.M. Sun Solar

Earlier this month, over 400 solar and storage companies sent a letter to Congress urging them to pass a long-term extension on the Investment Tax Credit and a standalone credit for energy storage. The incentives are part of a group of policies, namely the Solar Energy Manufacturing for America Act (SEMA). Read the letter from the Solar Energy Industries Association here.

Stay tuned for more details about these essential policies!

Get Your 26% Tax Credit Today!

Stay tuned for more details If you are thinking about going solar or adding panels to your home or commercial solar system, there has never been a better time! We recommend connecting with our team and a tax advisor to learn more about claiming your federal solar tax credit.

More about A.M. Sun Solar

A.M. Sun Solar is the local leader in custom solar solutions and installations on the Central Coast. For over 15 years, A.M. Sun Solar has provided high quality, cost efficient solar energy to residences and small businesses in San Luis Obispo, Monterey and Santa Barbara counties. With a wide variety of financing solutions available, affordable pricing, custom solutions and complete installations from permit to interconnection, A.M. Sun Solar is the go to local solar company on the Central Coast.