Tax Credits by Industry available through Inflation Reduction Act
The ITC will cut the cost of installing solar by 30%, or more than $7,500 for an average system. By helping Americans get solar on their roofs, these tax credits will help millions more unlock an additional average savings of $9,000 on their electricity bills over the life of the system.
Tax Credits Available by Industry
Businesses
Renewable Electricity Production Tax Credit (PTC) Business Energy Investment Tax Credit (ITC) Energy-Efficient Commercial Buildings Tax Deduction U.S. Department of Energy-Loan Guarantee Program Alternative Fuel Vehicle Refueling Property Tax Credit (Corporate) Qualified Commercial Clean Vehicle Tax Credit Energy-Efficient Commercial Buildings Tax Deduction
- Renewable Electricity Production Tax Credit (PTC)
- Business Energy Investment Tax Credit (ITC)
- U.S. Department of Energy – Loan Guarantee Program
- Alternative Fuel Vehicle Refueling Property Tax Credit (Corporate)
- Qualified Commercial Clean Vehicle Tax Credit
- Energy-Efficient Commercial Buildings Tax Deduction
Non-Profits
- Renewable Electricity Production Tax Credit (PTC)
- Business Energy Investment Tax Credit (ITC)
- U.S. Department of Energy – Loan Guarantee Program
- Alternative Fuel Vehicle Refueling Property Tax Credit (Corporate)
- Qualified Commercial Clean Vehicle Tax Credit
Educational Institutions
- Renewable Electricity Production Tax Credit (PTC)
- Business Energy Investment Tax Credit (ITC)
- U.S. Department of Energy – Loan Guarantee Program
- Alternative Fuel Vehicle Refueling Property Tax Credit (Corporate)
- Qualified Commercial Clean Vehicle Tax Credit
State, Local & Tribal Governments
