
Missouri Solar Tax Credit
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☀️ Understanding the Federal Solar Tax Credit ☀️
The 30% Federal Solar Investment Tax Credit (ITC) allows homeowners to deduct 30% of the cost of their solar installation from their federal taxes. This can add up to thousands of dollars in savings.
Here’s what to know:
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Current Rate: 30% credit applies to the total installed cost of your solar system, including equipment and labor.
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Eligibility: Your system must be installed and operational by the deadline to qualify.
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Expiration: The 30% rate is scheduled to end after December 31, 2025 for residential installations under current law.
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After 2025: The credit for homeowners is set to expire completely, while some commercial credits may remain.
By knowing the timeline and requirements, homeowners can make informed decisions about when to move forward with their solar projects.
📍 Jackson Solar is here to answer questions and help you understand how the tax credit could apply to your home.