30% Solar Income Tax Credit Extended Through 2023
As you may be aware, on Dec. 21, 2020, the U.S. Congress extended the 30% solar income tax credit through 2023 in conjunction with a federal spending package alongside a COVID-19 relief spending bill. The solar income tax credit (ITC), which was scheduled to drop from 26% to 22% in 2021, will stay at 30% for two more years.
This historic vote reinforces the solar industry as a leading producer of American clean energy and will be pivotal in helping American consumers go solar.
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