How do tax credits work?

You may be eligible for a federal Investment Tax Credit (ITC) with the purchase of a solar or a solar + battery storage system. If eligible, you could reduce your federal tax payment by up to 30% of your system’s cost. 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.

If you choose one of our lease or PPA products and reside in a state that offers the Solar Renewable Energy Certificate (SREC), you must assign ownership of the SREC to Sunnova. Sunnova makes no guarantees regarding customer eligibility for tax benefits or SRECs. Sunnova does not provide tax advice. Contact your personal tax advisor for eligibility requirements.