In July 2025, Congress passed budget reconciliation legislation that significantly altered clean energy tax credits for solar and wind projects. This article explores the impact of the bill for commercial & industrial solar and storage projects.
[pdf] As of 2025, the federal ITC provides a 30% tax credit for qualified commercial solar installations. This rate is scheduled to remain at 30% through 2032, after which it will step down to 26% in 2033 and 22% in 2034.
[pdf] Federal and state solar credits reduce tax liability and are not considered taxable income. Rebates or cash payments from solar incentives may be taxable and should be reported. IRS Form 5695 is required to claim a federal solar Investment Tax Credit (ITC).
[pdf] To receive a FREE expo hall pass or 20% off your full conference registration, register at https:// and enter ISNA2331061 when prompted to enter a promo code. Exhibition Center: Long Beach, CA. Date: F eb. 14-16, 2023
[pdf]