4 ways to blunt the solar tax cliff

solar taxBy Katherine Tweed | Greentech Media

The coming reduction of the 30 percent federal Investment Tax Credit (ITC) for solar creates a steep cliff no matter which way you crunch the numbers, according to a new policy paper from George Washington University. But there are ways to soften the blow.

With the phase-down of the tax credit, the U.S. Energy Information Administration projects a 94 percent decrease in distributed solar PV installations from 2016 to 2017, with 2025 levels still below 2016 levels. (EIA estimates are often notoriously low, however.)

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