Solar Investment Tax Credit (ITC) - SEIA

About this opportunity

# Solar Investment Tax Credit (ITC). The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. SEIA also fought for successful passage of many other important tax measures in the IRA, including adding energy storage to the ITC, creating solar manufacturing tax credits, and ensuring interconnection costs are a qualified expense for solar projects under 5 MWac. * The ITC is a 30 percent tax credit for individuals installing solar systems on residential property (under Section 25D of the tax code). * Commercial taxpayers may now also choose a Production Tax Credit (PTC) for solar instead of an ITC. The Investment Tax Credit (ITC) is currently a 30 percent federal tax credit claimed against the tax l...