2024 Tax Credits For Solar Farm. The ultimate cost of construction for revolution wind. The federal solar tax credit lowers your tax liability for qualifying solar system expenses.
— for instance, if you bought your solar panels in 2023 but didn’t have them put in place until 2024, you’d claim the credit on your 2024 tax return when you file it in 2025. That will decrease to 26% for systems installed in 2033 and 22% for systems.