How can I file for the federal home solar investment tax credit (solar ITC)?

If you are a Sunnova customer with a loan/finance agreement on your home solar system or home solar + battery storage system, you may be eligible to claim the federal home solar investment tax credit (solar ITC).

Sunnova does not provide tax advice, and this article should not take the place of talking to a qualified tax professional. You may be eligible for a federal Investment Tax Credit (ITC) with the purchase (loan or finance agreement) of a home solar system. To receive the full federal tax credit, you must have federal income tax liability at least equal to the value of the tax credit. Additional tax credits may also be available for homeowners in certain states and territories. Sunnova makes no guarantees regarding eligibility for tax benefits.

Before you apply for the federal ITC, you will need to figure out if you are eligible for the federal ITC. You must have enough tax liability to take advantage of the federal ITC incentive. If you can’t use your entire federal ITC in the first year, you can roll remaining credits over to future years.

If you are eligible for the federal ITC, you will need to complete two forms: