Americans are increasingly turning to rooftop solar panels as a cost-saving measure for energy bills, with federal tax credits playing a crucial role in making the transition financially viable. The Inflation Reduction Act, enacted last year, expanded and prolonged tax breaks for solar panels to combat greenhouse gas emissions. Residential solar installations have surged, exceeding 702,000 in the past year, and it is estimated that 15 percent of U.S. homes will have solar panels by 2030. Some states and utilities offer additional incentives, while considering roof replacement before solar installation is advisable for cost efficiency. Leasing options, though foregoing ownership and tax credits, may be offered by some solar contractors.

https://www.nytimes.com/2023/08/25/business/solar-panels-tax-credits.html