Inflation Reduction Act 2022 and Residential Solar Energy

What does the Inflation Reduction Act 2022 mean for Residential Solar Energy?

Have you heard the news? No need to wait until 2023 to go solar!

Over the weekend, the Inflation Reduction Act (IRA) was passed and today (August 16, 2022) signed into law!

What does this mean for clean energy improvements at your home? One of the biggest benefits in the IRA is the tax benefits for solar.

All solar installations completed in 2022 and for the following decade will be eligible for the Solar Investment tax credit at the full 30% rate! The same incentive also applies to storage.

But don’t wait! Here’s why it makes sense to go solar now:

  1. The best Solar Products are available now
  2. Lock in your payback period
  3. Take advantage of the 30% Tax Credit

Going solar in 2022 means that for many years down the road, you’ll be sitting back, reaping the rewards of your foresight.

Will 2022 be the year you go solar?

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