Californians saved more than $1.6 billion on their taxes thanks to home solar and energy efficiency projects

397,970 Californians claimed more than $1.6 billion in tax credits on their 2023 tax returns for installing solar or making other energy efficiency improvements on their homes, according to new data released today by the US Department of the Treasury. 

Under the Inflation Reduction Act (IRA), Americans can get reimbursed for 30% of the cost of installing solar or other renewable energy technologies on their home through the Residential Clean Energy Tax Credit. 243,220 California residents claimed this credit, saving them more than $1.4 billion on their taxes. 

The IRA also offers a Energy Efficient Home Improvement Credit, which provides tax credits of up to $3,200 for installing more efficient windows, insulation, heat pumps and other energy saving improvements. 184,780 Californians claimed this tax credit, saving an additional $174 million. 

Over 30,000 California residents claimed both tax credits. 

Interested in taking advantage of these tax credits yourself? Check out our Clean Energy Home Toolkit to find out how!