Defend the ITC!
December 12, 2019
The Federal Investment Tax Credit (ITC) for renewable energy is one of the most successful incentive programs to date, yet it is on a schedule to sunset over the next few years. Read OnSite Energy co-owner Orion Thornton's recent op-ed in the Missoula Current about the value of the ITC here.
You can help out, too! Please contact your legislators and let them know how important it is to keep solar energy as affordable as possible and to support the continued growth of the renewable energy industry. Learn more about the ITC and how to get involved here.
ITC Quick Facts
- Currently a 30% tax credit for residential and commercial solar systems
- In 2020 the ITC will reduce to 26%
- In 2021 the ITC will reduce to 22%
- In 2022 the ITC will be eliminated for residential projects and reduced to 10% for commercial projects