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February 25, 2025
Question

Residential Energy Credit

  • February 25, 2025
  • 1 reply
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We purchased our home in 2021 which came with an existing solar system. We pay monthly installments to a solar company. I just discovered this credit, am I able to claim the cost of the system or the amount we pay annually?

    1 reply

    February 25, 2025

    No, unfortunately, you can't claim the credit if you bought, but didn’t install the solar system. 

     

    Here is an article you may find helpful: What’s the Solar Energy Tax Credit?