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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