Inflation Reduction Act 2024 Solar Panels Cost. Per the inflation reduction act, the itc is 30% of the solar system cost until 2033 and will gradually reduce until it expires in 2035. Let’s take a look at the biggest changes and what they mean for americans who install rooftop.
A federal incentive expanded in 2022 through the inflation reduction act can offset 30% of the cost of a residential solar installation. Fortunately, the inflation reduction act features a clean vehicle credit for up to $7,500 on new evs and.