Solar Developers May Be Able to Avoid Solar Tariffs Under New IRS Tax Credit Guidance

At the end of June, the U.S internal revenue service (IRS) clarified the rules surrounding when solar developers are allowed to take the 30 percent Investment Tax Credit (ITC) for solar projects. The 30 percent tax credit is available until the end of 2019, at which time it will step down incrementally for 4 years, finally settling at 10 percent.

 

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