https://padlet.com/abundantenergy/u6hl955a9obb5jzi The cost of purchasing and installing a solar panel system, including the panels themselves, mounting hardware, and wiring, is eligible for the solar panel tax credit. Up until the end of 2022, the credit will pay for 26% of the system's overall cost, including labour costs. The credit will then gradually drop until it reaches zero percent in 2024. en-us 2023-06-24 12:45:33 UTC 2023-06-24 12:46:38 UTC hello@padlet.com abundantenergy https://padlet.com/abundantenergy/u6hl955a9obb5jzi/wish/2631434025
You must own the solar panel system and have it installed on either your home or secondary residence in order to be eligible for the solar panel tax credit. You cannot get the credit if you lease your solar panels. A new solar panel system must also have been installed before the end of the tax year for which you are applying for the credit.

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