Business Energy Investment Tax Credit (ITC)
Note: The One Big Beautiful Bill (OBBB) made significant changes to this tax credit. To qualify for the tax credit, solar and wind energy systems must be either placed in service by December 31, 2027, or construction must commence by July 4, 2026. Additionally, the tax credit is not available for systems that commenced construction after December 31, 2025 if the facility or property includes any material assistance from a prohibited foreign entity.
The tax credit for non-solar and wind technologies (combined heat and power, energy storage, hydropower, and geothermal) will experience the following step-down in value:
- Construction commences
- Read more about Business Energy Investment Tax Credit (ITC)
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