A Winter Solstice surprise!
On Dec. 21, 2020, Congress passed an omnibus spending and COVID relief bill. The bill was thousands of pages long. It included a new schedule for residential and commercial Solar Investment Tax Credits (ITCs).
The 26% Solar ITC is now being offered through the end of 2022. It also applies to storage, aka batteries, included with your solar project. That’s extra good news!
Solar’s Federal Tax Credit was slated to drop to 22% at the end of 2020. Industry advocates and their friends in Congress came to the rescue!