Tax Rebate 2024 Solar Panels. The 2023 budget outlined that individuals would be eligible for a tax rebate of 25% of the cost of any new and unused solar photovoltaic (pv) panels purchased and installed at a private residence for which a certificate of compliance was. Individuals who install rooftop solar panel(s) can claim a rebate of 25% of the cost of the panels, up to a maximum of r15 000 per taxpayer.
If you install solar panels in 2023 and then you decide to install more solar. The investment tax credit (itc) or solar federal tax credit is a nationwide incentive for homeowners and business owners who purchase solar panels directly with cash.