What tax credits or incentives are available?
In order to drive investment in renewable energy in the U.S., the federal government established the “Investor Tax Credit” (ITC) – a Federal Tax Credit of up to 26% of the total cost of a solar installation. Both businesses and individuals can take advantage of this credit. Don’t have a large tax liability? The credit will rollover for years. 10 Years of no taxes? Yes, please!
Other local incentives may be available including grants up to $500,000 for rural businesses and farmers.