Federal Tax Credits
Solar Panels (Photovoltaic Systems)
Solar Panels or Photovoltaic Systems are solar cells that capture light energy from the sun and convert it directly into electricity.

Tax Credit:
Credit Details: 30% of the cost, up to $500 per .5 kW of power capacity
Expires:
December 31, 2016
Details:
Existing homes & new construction qualify. Must be your principal residence. Rentals and second homes do not qualify.

Question:  
What is a "principal residence?"

Answer:
The tax credit for energy efficiency is available for improvements made to a home that you own and use as your "principal residence." This is the home where you live most of the time. A temporary absence due to special circumstances, such as illness, education, business, military service, or vacation will not change your principal residence.

The home must be in the United States. It can include a house, houseboat, mobile home, cooperative apartment, condominium, and a manufactured home.