Investment Tax Credit Requirements for Privately Owned Solar Photovoltaic Systems on Federal Sites

Research output: NRELFact Sheet

Abstract

The federal investment tax credit (ITC) is an economically valuable tax incentive offered to taxable business entities that invest in certain energy technologies. The ITC is based on a percentage of the qualifying upfront capital costs of a project and directly reduces a business's tax liability (i.e., the taxes paid). This fact sheet focuses on ITC considerations for privately owned solar photovoltaic (PV) projects on federal land and buildings, although some of the considerations may be applicable to other technologies and non-federal entities.
Original languageAmerican English
Number of pages2
StatePublished - 2021

Bibliographical note

Replaces August 2019 version: NREL/FS-7A40-74342

NREL Publication Number

  • NREL/FS-7A40-79936

Other Report Number

  • DOE/GO-102021-5575

Keywords

  • Federal Energy Management Program
  • FEMP
  • investment tax credit
  • ITC

Fingerprint

Dive into the research topics of 'Investment Tax Credit Requirements for Privately Owned Solar Photovoltaic Systems on Federal Sites'. Together they form a unique fingerprint.

Cite this