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Deductions & credits
@AmeliesUncle wrote:
@Marylisaa wrote:
as long as the battery storage is charged by solar energy.
Keep in mind that the credit applies only if the solar system powers the battery, not if it's charged from the grid.
As far as I know, the revised tax credit no longer requires it to be part of solar system. Do you have any citations that say otherwise?
You are correct. Under the current credit as of 2024, battery systems are allowable (must be 3kWh or greater) even if not collected to a solar system. This enables users who are subject to demand pricing to charge up when rates are low and use the battery instead of the grid when rates are high.
However, the previous comment also contained link spam for a company, so that is being removed.
‎September 6, 2024
1:14 PM
1,533 Views