
The Federal Solar Tax Credit: 2021 Update
The U.S Solar Investment Tax Credit (ITC), is a policy to incentivize clean energy projects. It was enacted in 2006 and as of 2021, the ITC is a 26% tax credit that can be claimed for residential and commercial solar projects. According to the Solar Energy Industries Association (SEIA), the ITC has helped the U.S solar industry grow at an annual average of 52%.