Can I get a tax credit for both solar panels and battery storage systems

Can I get a tax credit for both solar panels and battery storage systems

Yes, you can receive a tax credit for both solar panels and battery storage systems. The Residential Clean Energy Credit, which was enhanced by the Inflation Reduction Act of 2022, offers a 30% tax credit on the costs of qualified clean energy property, including solar panels and battery storage systems. This credit is applicable for systems installed between 2022 and 2032. The Inflation Reduction Act explicitly includes “qualified battery storage technology expenditure,” making energy storage systems like solar batteries eligible for the credit.

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