To qualify for the 30% Residential Clean Energy Credit, battery storage systems must meet the following criteria:
- Minimum Capacity: The battery storage system must have a capacity of at least 3 kilowatt-hours (kWh).
- New and Unused: The battery storage technology must be new and previously unused.
- Installation Requirements: The system must be installed in a dwelling unit located in the United States and used as a residence by the taxpayer.
- Standalone Eligibility: As of January 1, 2023, standalone battery storage systems (not connected to solar panels) are also eligible for the credit.
- Labor Costs: Labor costs associated with onsite preparation, assembly, or installation of the battery storage system are eligible for the tax credit.
Non-Eligible Options:
- Rentals do not qualify as they must be occupied by the taxpayer.
- There are no restrictions based on the manufacturer or country of origin.
- Used or previously owned systems are not eligible.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-types-of-battery-storage-systems-are-eligible-for-the-30-tax-credit/
