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The Low Income Community Bonus Adder provision in the Inflation Reduction Act is different from all the other bonus adders and the Investment Tax Credit (ITC) itself, because it is an allocated credit. That means there is a limited number available.
There is a cap of 1.8 gigawatts annually that will be allocated, or awarded, to […]
The Inflation Reduction Act (IRA) has opened up tremendous new incentives for solar projects – including a potentially lucrative 10% tax credit adder for using domestically-made components and products, known as the Domestic Content Bonus Adder. Although, actually qualifying for the Domestic Content Adder is far from straightforward.
That’s why we’re excited to announce the launch […]
When we think about the term energy communities, as in the bonus adder provision included in the Inflation Reduction Act, we’re referring to legacy fossil fuel communities anchored in the extraction, processing, or generation of energy using coal, oil, and gas. While many are excited about the clean energy transition, it’s important to consider the […]
Solar incentives often make or break the motivation for a homeowner to get solar. Depending on the physical location, your client may be eligible for various types of incentives at the utility, state, and federal level. It’s important for solar sales people to have a firm understanding of the different incentives and rebates and how […]
Elective Pay (more commonly known as Direct Pay) creates a pathway for nonprofit organizations to utilize tax credits. It was included as a provision in the Inflation Reduction Act passed in August 2022. Prior to Direct Pay, it was difficult for tax-exempt organizations to go solar. That’s because the primary incentive to go solar – […]
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