Solar Tax Credit - Replacement equipment eligible?

We live off-grid and installed a solar power system in 2016 that we took the solar tax credit at that time. We found that our power needs exceeded our system size and in 2021 we replaced the system with a larger system. Are we eligible to claim the solar energy tax credit for the 2021 investment?

posted

Connect with an expert

1 Reply

Solar Tax Credit - Replacement equipment eligible?

Yes,

Additions to existing systems or new systems are eligible for the solar credit. You can claim the solar credit for 2021.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Still have questions?