For Renewables and (Now) Storage, Non-Profits
Can Finally & Easily Access the ITC
For Renewables and (Now) Storage, Non-Profits
Can Finally & Easily Access the ITC
The ITC provides a tax credit of up to 30% of the cost of renewable energy projects such as solar panels, battery storage, wind turbines, and geothermal systems.
But non-profits don't pay taxes, right?
Here's the big news: for the first time ever, non-profits can receive a Direct Pay check from the IRS for the value of the 30% Investment Tax Credit! On top of that, stand-alone battery storage is eligible for the ITC too.
Non-Profit Building Owners > Benefits | C-PACE | Tax Incentives | ITC for Renewables | 179D for Energy Efficiency