Federal Residential Solar Tax Credit (ITC)

U.S. Internal Revenue Service

Available Solar & Renewable

About This Program

Federal tax credit covering 30% of the cost of residential solar panel systems installed through 2032. Credit can be claimed on federal income taxes for the year the system is installed and placed in service.

Tax credit equals 30% of total solar installation cost

Data last verified 2026-06-09. How we verify our data.

Key Details

  • 30% federal tax credit on solar installation
  • Covers equipment, labor, and permitting costs
  • Available through 2032 at 30% rate
  • Must have sufficient tax liability to claim
  • Can be combined with state incentives

How to Apply

A grant-savvy contractor in Algonquin, IL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Algonquin early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Available through December 31, 2032

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Algonquin, IL

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