Residential clean energy credit calculator, 2024
This works out one number from the Residential Clean Energy Credit figures published for 2024. Every amount it uses is below, with the document it was read from. What you enter is your own: this site has no way to check it, and the answer it produces is not a published figure.
Effective 2024-01-01Source: 2024 Instructions for Form 5695 (IRS)Verified 2026-08-29
How it is worked out
The published percentage of the amount you enter, rounded to the nearest cent.
It uses Credit rate, 30%, the only one this year publishes.
Figures in this colour are computed from the amounts above. They are not published figures and no document states them.
Work it out
The live calculator needs JavaScript. The table below covers common amounts and is computed the same way.
Worked out for common amounts
| Cost of the qualified property | Result |
|---|---|
| 5,000 | $1,500 |
| 10,000 | $3,000 |
| 25,000 | $7,500 |
| 50,000 | $15,000 |
How each figure was verified
Each number below was read from a stored copy of the document named beside it, and checked to occur word for word in the quoted sentence. The digest is of that stored text.
2024 Instructions for Form 5695 (IRS)
- Credit rate
You may be able to take a credit of 30% of your costs of qualified solar electric property, solar water heating property, small wind energy property, geothermal heat pump property, battery storage technology, and fuel cell property.
Every 2024 Residential Clean Energy Credit figure · Residential Clean Energy Credit in every year · Every calculator on this site