Tax Incentives & Exemptions for Solar Power Users
The U.S. federal solar tax credit, also referred to as the investment tax credit (ITC), was established by the Energy Policy Act of 2005. The ITC allows owners of solar energy systems to deduct 30 percent of the cost of installing the system from their federal taxes. The ITC applies to both residential and commercial systems. More informa
According to SEIA, solar tax exemptions come in two forms: property tax exemptions and sales tax exemptions.