The Section 25D residential tax credit may be claimed by individuals who purchase a solar energy system or a standalone energy storage system for their home. SEIA put together this summary to help residential customers understand the basics of Section 25D tax credits.
The expiration date for one of the most influential — albeit obscure — rules governing rooftop solar financing is fast approaching and will make it harder for Americans to switch to rooftop solar.
SEIA's Solar Means Business Report tracks solar adoption from America's corporations and businesses. SEIA members at the Watt level and above have access to the full dataset behind this report, containing project level data for more than 48,000 individual commercial solar systems.
Solar and Storage Industry Makes Recommendations to U.S. Treasury Department on Implementation of the Inflation Reduction Act
WASHINGTON, D.C. — The Solar Energy Industries Association (SEIA) today filed responses to the U.S. Department of the Treasury's request for public comments on the clean energy tax provisions of the landmark Inflation Reduction Act (IRA). As part of its ongoing efforts to support implementation of the IRA, SEIA is working with its members to provide industry insight and expertise to help Treasury and other federal agencies clarify pieces of the legislation.
SACRAMENTO, Calif. — Today, the California State Legislature approved a two-year extension of a property tax exclusion for solar projects, providing stability to solar companies facing significant uncertainty around project development as they work to help California meet its climate targets. Following is statement from Rick Umoff, senior director and counsel, California, at the Solar Energy Industries Association: