Solar Panel Tax Rebate 2024. The rebate applies to qualifying solar photovoltaic (pv) panels that are are brought into use for the first time during the period commencing on 1 march 2023 until 29 february 2024. The federal solar tax credit can cover up to 30% of the cost of a system in 2024.
Here’s how it works, and who it works best for. The solar tax credit lets homeowners subtract 30% of a solar purchase and installation off their federal taxes.