TAG Tax (US)

The Solar Tax Credit Rush Isn’t the End

The race to secure solar tax credits ahead of the July 4 deadline has fundamentally reshaped the U.S. solar market, but other incentives continue to offer meaningful cost advantages.

Developers have moved quickly to “safe harbor” projects, locking in incentives that can cover at least 30% of total project costs. The result is a pipeline of more than 200 gigawatts of solar capacity, nearly enough to double the nation’s current solar footprint.

For companies evaluating energy procurement strategies, this surge represents a narrowing window of opportunity: projects that have secured credits will be significantly more cost-effective than those that have not.

Read the entire article.

< Back