Energy Incentives
Tax IncentivesENERGY INCENTIVES
The information below is sourced from government sources but does not constitute professional tax advice or other professional financial guidance and may change based on additional guidance from applicable agencies. It should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions, or when executing other binding agreements.
Investment Tax Credit - 30%
The investment tax credit (ITC) is a tax credit that reduces the federal income tax liability for a percentage of the cost of a solar system that is installed during the tax year.
Complete investment including shipping and installation eligible for ITC – Thermal Storage (30%, continues beyond 2026)
Made in USA Booster - 10%
Made in USA Booster (10%) for Thermal Tanks and PowerPanel PVT
State and Local
State and Local Incentives for Energy Equipment where applicable. We will publish more details in the near future.
Avoiding Penalties
Avoiding of Local Decarbonization Penalties (e.g., NY Local Law 97).
MACRS
Eligible for MACRS (Modified Accelerated Cost Recovery System).