Will Donald Trump End the Federal Solar Tax Credit in 2025?
Tanzeel Rehman
Solar SME, Inc. (Director of Sales Marketing/ Solar Sales Consultant/NABCEP Associate)
Now, potential solar adopters' most important concern is whether Donald Trump will end the 30% federal solar tax credit.
The fear is understandable, especially after President Trump’s administration took steps to stop financing for programs like the Inflation Reduction Act, which supports tax credits. However, despite some concerns surrounding former President Trump's past actions, the federal solar tax credit will not likely be discontinued in 2025. Here's why.
Congress has the power to make decisions regarding tax credits. To end or alter these programs, Congress would need to pass new legislation. However, at this point, this does not seem likely. Many lawmakers still recognize the importance of the solar tax credit in promoting renewable energy and easing the financial burden on homeowners and businesses.
So, what does this mean for you? If you’ve been considering solar, now is the time to act. Whether you’re a homeowner seeking to reduce high electricity bills, maximizing grid independence, or a business looking to lower operational costs, switch to solar with 30% FTC and local solar incentives.
So, with energy costs only expected to rise and frequent power outages, the transition to solar energy is a smart financial decision for 2025, and with the federal solar tax credit still in effect, there’s no better time to make your move. Learn how the Federal Tax Credit helps solar owners to offset installation costs in our article here!