Incentives / Tax Credits
Local, state, federal and utility incentives, rebates and tax credits can significantly offset the upfront costs of businesses going solar. Inovateus helps each customer to find and qualify for all of the available local, state and national solar incentives available to your business or utility.
The main national solar incentive in the U.S. remains the Federal Investment Tax Credit (ITC), which offers a 30% tax credit toward the total installed cost of commercial, industrial, and utility solar projects through the end of 2019. The credit reduces to 26% in 2020, then to 22% in 2021 before dropping permanently to 10% for commercial projects.
Contact an Inovateus solar incentive expert to find out more about qualifying for the ITC and other local and state solar and renewable energy incentives that may reduce your upfront solar installation costs and increase your NPV and ROI.