By Sun Standard
•
December 11, 2022
A solar tax credit is a government incentive that allows individuals or businesses to reduce the amount of taxes they owe if they purchase and install solar panels on their property. This credit is designed to encourage the adoption of renewable energy sources, such as solar power, and to help offset the cost of purchasing and installing solar panels. The amount of the credit varies depending on the location and the size of the solar energy system, but it can be a significant financial benefit for those who choose to invest in solar power.