At least half of the energy generated by.
Tax credit for solar water heater.
Credit decreases to 26 for tax year 2020.
Teo solar the federal tax credit is 30 of your solar investment in solar panels and solar water heaters and this includes installation cost as well.
30 of the cost including installation costs with no upper limit.
Tax credit in effect in through 2021.
Solar water heaters come in a wide variety of designs all including a collector and storage tank and all using the sun s thermal energy to heat water.
Drops to 22 for tax year 2021 timing.
Solar water heaters are typically described according to the type of collector and the circulation system.