Federal Tax Credit Solar News – Homeowners Receive 30% Tax Credit with Sunergy Solar Panels

August 31 17:58 2022
Federal Tax Credit Solar News - Homeowners Receive 30% Tax Credit with Sunergy Solar Panels
New legislation allows homeowners to deduct 30% of Sunergy solar installation costs from federal taxes.

August 31, 2022 – Port St. Lucie, FL – Sunergy, a Florida-based solar panel company, helps homeowners throughout Florida and Dallas, Texas take advantage of the increased Federal Solar Investment Tax Credit, which is up from 26% to 30%.

The Federal Solar Investment Tax Credit increase was passed with the signing of the Inflation Reduction Act. Under previous legislation, the Federal Solar Investment Tax Credit would drop from 26% in 2022 to 22% in 2023. Now, homeowners in the United States can claim 30% of residential solar installation costs until 2034, when the credit will drop to 22% before expiring.

Homeowners who installed solar panels in 2022 can retroactively take advantage of this credit.

As a top solar panel installation company, Sunergy has helped owners save money on taxes since the first iteration of the Federal Solar Investment Tax Credit. Now, they are proud to be able to save hardworking members of their community even more money.

According to the Department of Energy, the following expenses are considered in the tax credit:

Solar photovoltaic (PV) panels. 

  • PV cells used to power an attic fan.
  • Contractor labor for onsite preparation, assembly, or original installation.
  • Permitting fees, inspection costs, and developer fees.
  • All equipment needed to power the solar system, including wiring, inverters, and mounting equipment.
  • Storage batteries (including those purchased and installed over a year after the solar system is installed).
  • Sales taxes on eligible expenses.


Sunergy takes advantage of this opportunity to save Floridians and Texans money by providing fast service from start to finish without using sub-contractors. Sunergy brings over 17 years of experience installing solar panels and typically finishes a project in fewer than 40 days.

Readers interested in learning more can visit www.gosunergy.com, email [email protected], visit Sunergy’s locations they serve https://gosunergy.com/locations or call (727) 375-9375.

You can view the source article by clicking here: https://gosunergy.com/federal-tax-credit-solar-news-homeowners-receive-30-tax-credit-with-sunergy-solar-panels/.

Media Contact
Company Name: Sunergy
Contact Person: Kalen Larsen
Email: Send Email
Address:540 NW University Blvd Suite 108
City: Port St. Lucie
State: FL 34986
Country: United States
Website: https://gosunergy.com/federal-tax-credit-solar-news-homeowners-receive-30-tax-credit-with-sunergy-solar-panels/


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