The Residential Solar Energy Tax Credit for Year 2019

Taxpayer who installed qualified solar electric property such as solar panels can claim a non-refundable tax credit.

The credit is 30% of qualified property expenditures.

This credit is also available for expense of solar water heating, fuel cell small wind energy and geothermal heat pumps.

The credit for fuel cell is  limited to $500. for each 0.5 kilowatt of capacity

Taxpayers can carry forward any excess credit not utilized in 2019 because of low taxable income.

For more information please click here