Great news from Congress – the ITC is extended!

by Eric Larson, President, NorCal Solar

The year-end omnibus bill recently passed by Congress includes an extension of the Investment Tax Credit for residential solar.  This was a welcome surprise for all of us working to grow solar and renewable energy use!  The  Federal tax credit was due to expire at the end of 2016.  With this bill, it has been extended for an additional 3 years at 30%, then ramps down to 10% for 2022 and beyond.  

We at NorCal Solar are very excited about this commitment by the US government to support the continued growth of solar installations in the US.  

While there are still challenges in policy and public awareness, NorCal Solar is very encouraged by this action.  Greentech Media has a great article with more details at:

http://www.greentechmedia.com/articles/read/breaking-house-passes-1.1-trillion-spending-bill-with-renewable-energy-tax