Enphase today announced the availability of pre-orders for IQ Battery 5Ps produced in the United States. Pre-orders are also available for IQ8HC Microinverters, IQ8P-3P Microinverters, and IQ8X Microinverters produced in the United States with higher domestic content. These products are expected to ship in a few weeks and have SKUs with a “DOM” suffix, indicating higher domestic content.
Enphase previously announced in July 2024 that certain IQ8 Microinverters when paired with other U.S.-made solar equipment could qualify for the domestic content bonus tax credit under the Inflation Reduction Act (IRA). Now, with the new IQ8 Microinverters having more components manufactured in the United States, less additional U.S.-made solar equipment is needed to meet the domestic content bonus tax credit requirements.
“We are excited to introduce IQ8 Microinverters and IQ Batteries with higher domestic content from our U.S. contract manufacturing facilities to our customers,” said Ken Fong, VP and general manager of the Americas at Enphase Energy. “This launch marks a significant milestone for Enphase, reflecting our commitment to support U.S. manufacturing and deliver high-quality, reliable energy solutions. This step not only strengthens our position in the market but also underscores our dedication to empowering homeowners and businesses with cutting-edge technology.”
The domestic content bonus tax credit is only available to commercial asset owners, which includes commercial businesses adding solar and PPA/lease providers who own residential solar projects. Enphase encourages those interested in the domestic content bonus tax credit to consult their own legal and tax professionals to confirm whether qualification for the credit is applicable.
News item from Enphase Energy