Solar Tax Credit Extended: Act Now
In December 2020, Congress passed an economic stimulus package to help relieve the impact of the COVID-19 pandemic. Included in that package was a two-year extension to the federal solar Investment Tax Credit* (ITC). Originally set to phase out in 2022, the ITC is now available until 2024. That may seem like a long way off, but if you want to take full advantage of this tax credit extension, now is the time for action. What Is the Investment Tax Credit (ITC)? The Investment Tax Credit (ITC) is a federal tax credit for a percentage of the purchase cost [...]
In December 2020, Congress passed an economic stimulus package to help relieve the impact of the COVID-19 pandemic. Included in that package was a two-year extension to the federal solar [...]