Download Free (.pdf)Step-down of Investment Tax Credit (ITC) for solar and energy storage projects
The Federal Investment Tax Credit (ITC) has unquestionably been the most important federal policy mechanism to incentivize renewable energy projects in the US over the last decade and a half. The ITC was originally established by the Energy Policy Act of 2005. “Since the ITC was enacted the U.S. solar industry has grown by more than 10,000%” according the Solar Energy Industry Association (SEIA).