Solar Panel Tax Rebate 2024. This incentive is available for one year between 1 march 2023 and 29 february 2024. It was scheduled to step down to 22% in 2023 before expiring for residential solar customers in 2024.

The federal solar investment tax credit (itc) offers a direct reduction in taxes owed as an incentive for installing a new solar energy system. In 2024, the government will be offering a tax reduction that equals 30% of your total solar system cost.