There was huge news today in the US solar industry:
Congress passed legislation that extends the 26% Federal Investment Tax Credit (ITC) for solar through the end of 2022.
As part of the very welcome stimulus bill to help Americans weather the COVID-19 crisis, the federal solar tax credit will remain at 26% for residential installations in 2021 and 2022. In 2023, the tax credit will drop to 22%. This is an excellent development for the solar industry, as the federal tax credit has been one of the biggest drivers of solar growth in the United States for over a … Read More