Federal Solar Investment Tax Credit (ITC)

About This Program

The federal Residential Clean Energy Credit (Solar ITC) allows Anchorage homeowners to claim 30% of their solar PV system installation cost as a federal income tax credit. Alaska has no state income tax, making the federal ITC the primary solar incentive. AHFC's weatherization programs and Chugach Electric Association rebates may stack with the ITC. Average Anchorage system: $18,000–$28,000 before incentives.

30% of gross installation cost claimed as federal tax credit; unused credit carries forward

Key Details

• 30% federal tax credit on full solar installation cost
• Applies to panels, inverters, batteries, and installation labor
• Alaska has no state income tax — ITC is primary solar incentive
• Chugach Electric Association may offer rebates to stack
• Credit carries forward if tax liability is insufficient in year 1

How to Apply

Deadline: 30% credit through 2032; steps down to 26% in 2033, 22% in 2034