solar tax credits
The 30% federal investment tax credit (ITC) is among the most important incentives currently available for solar PV. Over the next 3 years the ITC will drop each year until it is only a 10% tax credit. The Solar Power Advocacy Network is encouraging everyone to contact their government representatives to #DefendTheITC Now is…
Read MoreHJ Mai, Energy Reporter for Pacific Business News reports on the current tax numbers and the future of the renewable energy technologies tax credit in Hawaii. Hawaii taxpayers have claimed close to $100 million in tax credits in 2015, the latest year of data available in a new report from the state Department of Taxation.…
Read MoreHalf a billion dollars and counting. That’s about how much Hawaii tax filers claimed from 2012-2015 for the Renewable Energy Technologies Tax Credit (RETTC) with the vast majority of that sum being for solar energy systems, electric and thermal. In 2015, the most recent year the Department of Taxation has published data, 13,954 tax filers…
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