September 6, 2022
Source: Inside NoVa
Those interested in installing solar panels are eligible for extra financial help thanks to the passage of the Inflation Reduction Act.
Though a federal program to provide tax credits for installing solar panels had been scaled back the past couple of years, the Inflation Reduction Act pushed the credit back to 30% until 2033.
It also works retroactively, according to Paige Smith, solar division manager at Banner Power Solutions in Burlington. So if someone installed solar panels and received the reduced credit, they can apply to get reimbursed for the difference.