
What is the Investment Tax Credit (ITC)?
It's a Tax Credit—Not a Rebate
The solar tax credit is a dollar-for-dollar reduction in the amount of federal income tax you owe—not a cash rebate. How much you benefit depends entirely on your personal tax situation. Because this can vary, we recommend speaking with a qualified tax professional or CPA to understand how the credit applies to you.
The IRS Will Not Send You a Check
A common misconception is that the IRS will automatically mail you a check for 30% of your solar system’s cost. This is not true. If a solar company guarantees a 30% refund no matter what, that’s a red flag—this is a tax credit, not a guaranteed payout.
You Must Claim the Credit on Your Taxes
To take advantage of the tax credit, you must include the appropriate documentation when you file your federal taxes. If you don’t report your solar installation, you won’t receive the credit.
At One Horizon, we’re committed to honesty, education, and helping you make the most informed decisions about your home energy solutions. If you have any questions, we’re here to guide you every step of the way.