Solar Investment Tax Credit

The Federal Solar Investment Tax Credit

The solar Investment Tax Credit (ITC) is one of the most important federal policy mechanisms to support the growth of solar energy in the United States. Since the ITC was enacted in 2006, the U.S. solar industry has grown by more than 10,000% - creating hundreds of thousands of jobs and investing billions of dollars in the U.S. economy in the process. In 2015, SEIA successfully advocated for a multi-year extension of the credit, which has provided critical stability for businesses and investors. Despite the overwhelming success and popularity of the ITC, the value of the credit will unfortunately start decreasing after 2019.

In order to qualify for the last year with a 30% tax credit, your system must be installed by December 31, 2019.  To determine if your home is a good candidate for the Net Metering Program in Virginia, use our form here.  Can I go Solar?