The solar Investment Tax Credit (ITC) is one of the most successful clean energy policies ever passed and has helped support a robust solar industry in the United States. The ITC currently allows homeowners and businesses to deduct 30% of the cost of installing a solar energy system from their federal taxes. Thanks to the ITC, people have saved thousands of dollars on their solar and home battery installations. We’ve been told by numerous clients that the ITC has made the difference, financially, in their ability to move forward on their solar projects.
Despite this, the ITC is currently scheduled to begin stepping down at the end of 2019, with the tax credit completely eliminated for residential solar customers by 2022. The good news is bipartisan legislation has been introduced that calls for a five-year extension of the solar ITC.
WE NEED YOU to urge your federal representatives to co-sponsor this bill and ensure the solar ITC is extended before the end of the year.
Click HERE to send a message through the Solar Energy Industries Association website. You will be asked to input just a few bits of personal information, including your zip code, so that the form can pull up the federal representatives in your area.
An extension of the solar investment tax credit will enable the industry to continue to create new careers for Americans, deliver clean electricity across the nation, and bolster reliable and affordable energy options.
Thank you in advance for your support!