Categories
Uncategorized

Draft budget kills residential ITC, preserves large-scale and manufacturing credits

In a section titled “Working Families Over Elites,” the House Ways and Means Committee has eliminated the residential investment tax credit (ITC) in its draft budget bill. Working-class households would be unable to receive the 30% tax credit for installing rooftop solar if the bill’s language is passed as-is. It’s just one update to clean…

The post Draft budget kills residential ITC, preserves large-scale and manufacturing credits appeared first on Solar Power World.