The Clock is Ticking – Why Your Business Should Consider Going Solar Now (Before Federal Incentives are Curtailed Next Year)

Since 2006, commercial solar projects in the U.S. have been eligible for a federal solar incentive known as the Section 48 Investment Tax Credit (“ITC”) which provides a 30% federal tax credit. This tax credit delivers system owners a dollar-for-dollar reduction in cash income taxes that would otherwise be paid to the federal government, in an amount equal to 30% of a solar project’s cost basis.

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