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Solar Energy Tax Credits Extended Until 2035

This act extends tax credits for solar energy installations, meaning citizens and businesses investing in solar panels can continue to receive financial support. These changes aim to encourage the use of renewable energy, potentially lowering electricity bills and supporting environmental protection.
Key points
Extension of tax credits for solar energy installations until January 1, 2035.
Repeal of the phaseout for these credits, ensuring full support for a longer period.
Changes apply to projects started after December 31, 2020, providing continuous support for new investments.
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Additional Information
Print number: 117_HR_1557
Sponsor: Rep. Crist, Charlie [D-FL-13]
Process start date: 2021-03-03