arrow_back Back to App

Solar Energy Tax Credits: New Rules for Roofs

This bill expands tax credits for individuals installing solar panels on their homes. This means if you plan to invest in solar energy, you could receive more financial support, reducing initial costs. The changes also cover roofs that are part of an integrated solar system or require replacement for panel installation.
Key points
Increased tax credits for homeowners installing solar energy systems.
Ability to deduct costs for a new roof or its replacement if it's related to solar panel installation.
Changes apply to tax years beginning after December 31, 2020.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_2582
Sponsor: Sen. Ossoff, Jon [D-GA]
Process start date: 2021-08-03