Vanessa A
Expert Alumni

Get your taxes done using TurboTax

There are not tax credits for solar net metering.  Solar net metering is when your panels produce more electricity than you use and your power supplier credits that electricity to your account for your usage for when your panels are producing less than you use.

There is a tax credit for installing the solar panels. However, there is not a credit for banking electricity with the city or utility company. 

Additionally, if they would pay you for the excess solar that is fed back to the company or city, this would become taxable income to you. 

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