Here are some additional things you should know according to the U.S. Department of Energy:
- The credit can only be claimed on the “original installation” of the solar equipment and associated energy storage.
- The ITC decreased to 26% for systems installed after 2020 and will further lower to 22% for systems installed in 2023.
With the recent promising plans of transitioning to renewable energy sources around the globe, this incentive might not be around for many
Author: Shelly Cornelius,
Marketing Manager for ENACT Systems Inc.
The Climate Crisis – A Race We Can Win https://www.un.org/en/un75/climate-crisis-race-we-can-win
Earth Day 2021- https://climate.nasa.gov/
Plastic Pollution- https://ourworldindata.org/plastic-pollution