Inflation Reduction Act 2024 Solar Panels. In our latest solar and storage marketplace report covering the first half of 2024, we shared that quoted solar prices. The inflation reduction act modifies and extends the clean energy investment tax credit to provide up to a 30% credit for qualifying investments in wind, solar, energy storage,.

2024 program year has received over 50,000 applications to date; First solar, the largest domestic maker of solar panels, became perhaps the biggest beneficiary from $1 trillion in environmental spending enacted under the inflation.