Here's How the US's Solar Tax Credits Work

Solar tax credit trading brings clean energy to underserved communities — but faces political risk

A tweak in tax law that made clean energy credits transferable has helped small developers build solar and wind projects in low-income areas, but congressional Republicans may roll back the benefit as part of federal budget talks.Syris Valentine reports for Grist.In short:The Boston Community Solar Cooperative plans to fund a new solar project in a low-income neighborhood by selling federal tax credits made transferable by the Inflation Reductio…

Here's How the US's Solar Tax Credits Work

The Inflation Reduction Act can get you a 30% tax credit on solar panels -- or even more, depending on where you live.

A simple tweak to tax law has helped bring solar power to the communities that need it most

Last year, the Boston Community Solar Cooperative announced plans for its first community solar project: 81 kilowatts of panels atop an affordable housing complex in a low-income, historically Black Boston neighborhood. The success of the project depends, in large part, on tax credits the Inflation Reduction Act established in 2022. Because the solar panels will sit on a subsidized apartment building in a low-income community, up to 50 percent o…

Solar & Storage Industry Launches New Grassroots Advocacy Platform to Turbocharge Efforts to Protect Energy Tax Credits - CleanTechnica

WASHINGTON, D.C. — The Solar Energy Industries Association (SEIA) today launched Solar Powers America, a new grassroots advocacy platform to empower Americans to stand up for policies that keep electric bills down and protect abundant American-made clean energy. With both chambers of Congress gearing up to return to Washington to negotiate ... [continued] The post Solar & Storage Industry Launches New Grassroots Advocacy Platform to Turbocharge …

Solar & Storage Industry Launches New Grassroots Advocacy Platform To Turbocharge Efforts To Protect Energy Tax Credits

Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! WASHINGTON, D.C. — The Solar Energy Industries Association (SEIA) today launched Solar Powers America, a new grassroots advocacy platform to empower Americans to stand up for policies that keep electric bills down and protect abundant American-made clean energy. With both …