This may be the best time to go solar.
New generous incentives are making clean energy even more affordable.
As of 8/16/22, the Federal government has signed the Inflation Reduction Act of 2022, which includes $370 billion for renewable energy spending. This is great news for homeowners who are looking to improve their energy efficiency and save money on their monthly bills.
A key component of the bill is the federal ITC tax credit, which can be used for solar panels, backup battery storage, EV chargers, and a plethora of other products.
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Tax credits for people who electrify their homes
Great News-It's Retroactive So you Don't have to wait
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Does the Tax Credit Cover Back Up Batteries?
In short yes, the solar tax credit can be applied to back up battery systems. Backup battery systems can allow homeowners to store extra daytime energy and use it later at night when electricity rates are higher and they can help keep the lights in in the event of power outages. Pretty nifty, huh?
Texas Direct Solar has experience with a variety of back up battery systems including Enphase, Kohler, LG, and Generac. So we can help you decide which technology is best for your home.
Does the Tax Credit Cover Back Up EVs?
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*Please be advised that we are solar folks not accountants so we encourage every one to work with their tax professional to confirm tax credit eligibility.