Programs & Tax Incentives

As of August 16, 2022, the passing of the Inflation Reduction Act brings a wealth of tax incentives to encourage commercial solar growth and expansion. The ITC credit has returned to its original 30%. Alongside newer tax credit incentives, such as domestically resourced materials at 10% and geographically identified low income zones, companies may have the opportunity to yield another 10% in credits.

Another new feature of the IRA allows for nonprofit entities to take advantages of the 30% ITC credit in the form of a direct payment. 

Please reach out to us for more information.