Call KMB today! 855-755-6234

Solar Investment Tax Credit (ITC): What Businesses Need to Know

The federal solar tax credit, also known as the solar investment tax credit (ITC) allows businesses to deduct 30 percent of the cost to install a solar energy system from federal taxes. Falling under the umbrella of the Business Energy Investment Tax Credit, it applies to both residential and commercial solar systems and can offer a significant factor in helping companies make the decision to go solar.Why is the Solar Investment Tax Credit important... Read More

How Do Solar Panels Work at Night?

Throughout the day, solar panels are busy absorbing the sun’s rays and generating electricity for your every energy need. A solar system is made up of photovoltaic (PV) cells, and these cells are made up of materials called semiconductors absorbs the sun’s heat and light. Photovoltaic simply means they convert sunlight into electricity. So, if a solar panel needs sunlight to make energy, what happens when the sun goes down? How do solar panels... Read More

Am I Eligible for Solar Investment Tax Credit?

Solar Investment Tax Credit (ITC)If you’re buying a solar energy system today, one of the most generous solar incentives that you’re entitled to is the 30% federal Investment Tax Credit (ITC). But not everyone who goes solar is eligible to receive it so it’s important to do your research.The solar investment tax credit is an important federal policy mechanism to support the deployment of solar energy in the United States. Tax policies related... Read More