Inflation Reduction Act 2024 Solar Panels. Discover how the inflation reduction act of 2024 can help homeowners who install solar panels save up to 30% on their installation costs. Companies and residents have aimed to capitalize on u.s.

For home solar power, the inflation reduction act increases the investment tax credit for residential solar. The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage,.