#solar-tax-benefits

Articles tagged with solar-tax-benefits

Featured image for IRS Now Splits Home Solar Credits by Income Use
Energy Rebates

IRS Now Splits Home Solar Credits by Income Use

The IRS 2025 rule revolutionizes home solar incentives with a hybrid tax approach that combines personal credits and business depreciation. Homeowners generating income from power sales can claim proportional deductions, subject to rigorous documentation. This shift creates new challenges and benefits for installers, accountants, and homeowners as solar evolves into a dual-purpose energy and financial asset.

5 min read
solar2025benefits
Featured image for IRA Lets Some Homeowners Depreciate Solar Panels
Solar Financing

IRA Lets Some Homeowners Depreciate Solar Panels

The Inflation Reduction Act offers a valuable opportunity for select homeowners to depreciate solar panels and secure extra tax deductions. This benefit applies when systems support income-generating activities like rentals or home businesses, complementing the standard 30% investment tax credit to lower costs and speed up returns.

5 min read
solar2025benefits