Are there federal tax incentives for commercial solar?
Jan 15, 2021
by Amanda Cronin
Owners of commercial solar arrays can benefit from the Solar Investment Tax Credit (ITC), also known as the federal solar tax credit. The current ITC provides a 26% tax break on your federal taxes, is based on the total system cost, and can be used to directly offset federal tax liability on a dollar-for-dollar basis. If the owner is not able to benefit, we can help access 50% of the ITC or 12% savings. Another incentive is accelerated depreciation.