A sunny roof in Atlanta can be considered a good candidate for solar - not just because of the city’s solar potential, but also because of the Residential Clean Energy Credit.
Enacted as part of the 2022 Inflation Reduction Act, the Residential Clean Energy Credit states that eligible homeowners can claim up to 30% of their solar energy system cost as a tax credit against their total federal income tax liability in the year of purchase. To learn more, read our article on everything you need to know about the solar tax credit
NOTE: The content herein is general in nature and should not be considered legal, tax, or accounting advice. Palmetto does not provide tax, legal, or accounting advice. Please consult your own tax, legal, and accounting advisors regarding your specific situation.