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.
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Investment Tax Credit
2019 is the last year to claim the full 30 percent tax credit
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…
Case study: Breeden’s Orchard fills up farm store roof with panels
LightWave Solar installed a commerical solar system for Breeden’s Orchard in Mt. Juliet, Tennessee. Andrew and Brian Dorfman, along with their wives, Aimee and Wendy, might be best known for their ownership of 9 comedy clubs across the country, including the legendary Zanies in Nashville. Now, they are also the…
Case study: Interstate Packaging adds big rooftop solar array
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…
