The solar Investment Tax Credit, or solar ITC, is a federal incentive that can help eligible businesses offset their commercial solar system costs*. As part of the broader Business Energy Investment Tax Credit, the solar ITC can be a significant factor in helping companies determine if and when to go solar.
The infographic below provides a high-level overview and also illustrates the details of the solar Investment Tax Credit extension that was signed into law in late 2015.
*Depending on your organization’s circumstances, you may or may not qualify. Consult your tax advisor regarding the solar ITC and how it applies to your specific situation. Tax credits are subject to change. Please visit the Database of State Incentives for Renewables & Efficiency (DSIRE) for detailed solar policy information.
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This post originally appeared on the FSE Business Feed.