Why the Investment Tax Credit Matters

Posted by Amy Guinan

Jul 23, 2015 3:00:00 PM

The Investment Tax Credit

More than half a million American homes are powered by solar. The Investment Tax Credit (ITC), a 30% federal tax credit, has helped to make such large scale solar deployment possible in the U.S.   However, the ITC is set to expire in December 2016 and, if it is not extended, long term solar development could be stalled and investments could diminish.  Action is needed to encourage Congress to extend the ITC to support the continued growth of the solar industry.  

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