FEDERAL INCENTIVES
1. Federal Solar Tax Credit (Investment Tax Credit - ITC)
The federal government offers a significant tax incentive to encourage solar energy adoption across the United States. The Investment Tax Credit (ITC) allows you to deduct 30% of the cost of installing a solar energy system from your federal taxes. This incentive is available for both residential and commercial installations and includes the cost of solar panels, battery storage systems (when paired with new solar installations), and related equipment. There is no cap on its value, so the savings can be substantial.
2. Special Incentives for Non-Profit Organizations
30% Direct Pay Option
At Pinnacle Solar NW, we understand the unique needs of non-profit organizations. To support your transition to renewable energy, qualified non-profit entities can benefit from the 30% Direct Pay Option. This federal incentive allows non-profits, typically unable to benefit from tax-based incentives, to receive a direct payment worth 30% of the total cost of solar energy system installation, including solar panels and battery storage.
This direct payment is designed to make solar installations more accessible and affordable for non-profits, helping you invest in long-term sustainability and operational savings. Our team at Pinnacle Solar NW specializes in assisting non-profits with the application process to ensure you maximize this fantastic opportunity.