This is fine for most people, as there's no reason to install an oversized system since utilities usually compensate you for excess solar energy in bill credits, not with a check. From solar panels to stove tops, you can get money back whether you're replacing an old appliance or installing new technology. See all eligible appliance and home improvements in the list below. Submit IRS Form 5695 when filing. The ITC — also known as the Federal Solar Tax Credit — is a popular tax rebate program offered by the US Federal Government for homeowners looking to switch to clean, renewable solar power. In August of 2022, the United States Congress extended the ITC while at the same time raising the total. If you make energy improvements to your home, tax credits are available for a portion of qualifying expenses. However, the federal government does not offer any programs for free home solar panel installations nor does the government require companies to grant. Companies that offer “free” solar panels are typically offering solar lease agreements, so you can reap the benefits of solar-powered electricity without dealing with the upkeep and maintenance of the panels. You usually don't go completely off-grid.