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The Federal Investment Tax Credit (ITC) is a Federal Income Tax Credit that is meant to help make going solar a financially prudent decision for households and businesses. By recognizing our country's reliance on the import of fossil fuels, the ITC was designed to help bring energy independence to our country while helping to reduce air pollutants with zero-emission electrical production.
For the first time the Federal Government has enabled households to take advantage of the same tax credit as businesses and corporations. Billions of dollars have been invested by corporations into solar energy to reduce their long term expenses and receive billions in tax credits. Whether you're a Walmart or a family with kids looking to create disposable income, going solar while the ITC is available is the best investment you can make. Sounds too good to be true? Book an appointment and see the numbers, customized for your home or business, for yourself!
From June 2021-June 22, 17.6 gigawatts of solar panels were installed. This is equivalent to 4.7 million acres of forest; with an average of 10 metric tons of CO2 being removed per panel (equivalent to one tree) that's 4.7 billion metric tons of CO2 emissions reduced in one year alone.
