10 Jul 2024
What is the Federal Solar Tax?
As climate change and the energy crisis intensify, solar energy, as a clean and renewable energy source, is receiving increasing attention. In order to promote the development of solar energy, the U.S. government has introduced a series of tax incentives, the most important of which is the federal solar energy tax credit (Investment Tax Credit, or ITC). These policies not only encourage individuals and businesses to install solar energy systems, but also provide a tremendous boost to the development of the solar industry. This article will delve into the specifics of the federal solar tax credit, its impact on the solar industry, and how it may change in the future.