Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Provides a 30% federal tax credit for commercial and residential solar energy systems placed in service through 2032. Bonus adders available for domestic content, energy community siting, and low-income community projects.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Base credit: 30% of total installed cost for systems placed in service 2022–2032
2.Domestic content adder: +10% if qualifying US-manufactured components are used
3.Energy community adder: +10% for projects in former coal or fossil fuel communities
4.Low-income community adder: +10–20% for qualifying affordable housing or tribal projects
5.Commercial systems must meet prevailing wage and apprenticeship requirements for full 30%
6.Residential systems are not subject to wage requirements; full 30% applies directly
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
LPO · United States
Offers federal loan guarantees for innovative clean energy projects that struggle to access conventional financing. Supports first-of-kind commercial-scale projects in renewable energy, storage, advanced nuclear, and industrial decarbonization.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.