Solar Tax Credits & other Benefits of Inflation Reduction Act
The 2022 Inflation Reduction Act includes many solar incentives. See summary of changes for our customers.
The 2022 Inflation Reduction Act includes many solar incentives. See summary of changes for our customers.
The 26% federal tax credit has been extended for solar projects installed in 2021 and 2022.
Currently, the federal investment tax credit for solar projects is equal to 30% of total project costs. The tax credit is uncapped and applied towards your federal income tax liability. Next year, the solar tax credit will step down to 26% of total project costs. With this change, we anticipate…
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Interstate Packaging in White Bluff, TN, with over 1,000 solar panels Since 1969, Interstate Packaging has been partnering with its customers to produce innovative packaging concepts & help build brand recognition. Almost 50 years later, the family-owned business in White Bluff, Tennessee, is now the site of a brand new…
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LightWave Solar will host a Solar Workshop for Business Owners on Wednesday, April 20. The workshop will explain the financial incentives for commercial solar installations, including the 30% federal tax credit, accelerated depreciation, and TVA’s solar program. Presentation will highlight our 1 year payback model with financing. We will also discuss…
July 9, 2015 LightWave Solar, a Nashville-based solar engineering, procurement and construction firm, has installed more than 500 solar panel systems across the state to reduce energy costs for small businesses, like LB Processors, and larger operations, like the Music City Center. “Every time we do a project, it…