The Federal Solar Tax Credit, also known as the Residential Clean Energy Credit, provides a 30% financial incentive for US taxpayers who install residential solar energy systems, including battery storage technology with a capacity above 3 kWh. This credit helps offset upfront costs, making solar and storage solutions more affordable for homeowners.

Can I apply for this battery tax credit if I don't have a solar power system?

Yes, beginning on January 1, 2023, standalone battery storage (batteries that are not connected to solar panels) will also qualify for the 30% Residential Clean Energy Credit. So, even if you only purchase batteries for energy backup purposes, you can still have the opportunity to apply for this tax credit.

Does Dabbsson's battery storage qualify for the Federal Tax Credit?

To qualify for the 30% tax credit, the battery storage must meet the following criteria:

• It must be installed in connection with a dwelling unit located in the United States and used as the taxpayer's residence.
• It must have a capacity of at least 3 kilowatt-hours.

It is important to note that there are no maximum size, price, brand, manufacture, or tax credit qualifications. Therefore, regardless of whether your battery is made in the US or another country, you can enjoy a 30% tax credit on a battery system of any size.

Disclaimer

Please consult your tax professional to determine your eligibility for tax credits based on your individual situation. Dabbsson does not guarantee any tax credit based on our products, and the information provided is for educational purposes only and should not be considered legal advice. It does not constitute professional tax advice or financial guidance. It should not be the sole source of information when making purchasing decisions, investment decisions, tax decisions, or execution. Consult a tax professional to assess your eligibility.