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Residential Solar Tax Credit: Permanent Support for Home Energy.

This bill aims to make the tax credit for residential solar energy installations permanent. This means citizens installing solar panels can expect financial support for a longer period, potentially lowering initial costs and encouraging renewable energy adoption.
Key points
The tax credit for residential solar installations will become permanent, without an expiration date.
The credit amount will gradually decrease: 30% until the end of 2026, 26% in 2027, 22% in 2028, and 10% from 2029 onwards.
This allows citizens to plan solar investments with greater certainty regarding available financial support.
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Additional Information
Print number: 117_HR_4852
Sponsor: Rep. Sánchez, Linda T. [D-CA-38]
Process start date: 2021-07-29