Inflation Reduction Act 2024 Solar. Sustainable energies like solar are key to reducing the consumer burden of inflation, hence why it was included in the inflation reduction act of 2022. Use our ira clean energy and solar tax credit calculator to get.

President biden signed the inflation reduction act into law, expanding the federal tax credit for solar photovoltaics, also known as the investment tax credit. First solar, the largest domestic maker of solar panels, became perhaps the biggest beneficiary from $1 trillion in environmental spending enacted under the.