1. ESA Applauds the IRS Private Letter Ruling on Residential Storage-plus-Solar

    ESA Applauds the IRS Private Letter Ruling on Residential Storage-plus-Solar

    The IRS’ recent private letter ruling marks a milestone for the residential storage-plus-solar industry. The determination that an energy storage retrofit of a residential solar PV project is eligible for a 30 percent investment tax credit (“ITC”) under Section 25D is a step in the right direction toward a common-sense tax approach to storage. Reducing barriers for taxpayers is an important action this Administration can take to continue growing this industry and to create thousands of new jobs.

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      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
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