By Sunny Wang, Director of Government Affairs and Communications, Aurora Solar
The Federal Investment Tax Credit (ITC) is arguably the most significant financial incentive for installing solar in the U.S. today. This tax credit has also helped the industry grow by more than 10,000% since it was implemented less than 15 years ago.
This year the ITC is 26% and has been extended until 2023 for residential solar. If you’re wondering if the ITC savings also applies to home solar battery storage, this article will walk you through everything you need to know.