- Federal Tax CreditFederal Tax Credit
Save up to $600 – Federal Tax Credit on Electrical Panel Upgrade
Requirements
The 25C tax credit is effective for products purchased and installed between January 1, 2023, and December 31, 2032.
Eligible for 30% of costs, including labor, up to yearly maximum limit of $600 for panel upgrades only if upgraded with another project covered by 25C such as a:- any qualified energy effiency improvements or
- any qualified energy property such as heat pump or heat pump water heater installs.
Applicable for existing homes, and not for new construction.