Almost 160,000 Pennsylvanians saved money on their taxes this year thanks to home solar and energy efficiency projects

158,550 Pennsylvanians claimed more than 260 million 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. 30,670 Pennsylvania residents claimed this credit, saving them nearly $150 million 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. 134,720 Pennsylvanians claimed this tax credit, saving an additional $118 million.

Over 6,500 Pennsylvania residents claimed both tax credits.

More IRA benefits, including appliances rebates of up to $8,000 for a heat-pump, up to $4,000 for an electrical panel, up to $2,500 for electrical wiring, and up to $1,750 for an electric heat pump water heater will be available for Pennsylvanians starting early in 2025.

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