ECOFASTEN DOMESTIC CONTENT
MAXIMIZING YOUR SOLAR TAX CREDITS
The Inflation Reduction Act (IRA) extends the 30% ITC through 2032, plus a 10% Domestic Content Bonus for using U.S.-made products. Recently-updated IRS guidance offers installers and financiers many pathways for meeting the 40%… expected to rise to 45% in 2025.
We’re here to help you navigate these changes and maximize your credits.
MEETING THE REQUIREMENT
Eligibility: Only projects financed through leases or PPAs can qualify for the bonus credit. Cash or loan-financed projects are only eligible for the base 30% ITC.
Meeting the Requirement: Every installer has a unique strategy to meet the 40% domestic content rule. U.S.-made products, like EcoFasten’s domestic racking, can help you get over that hurdle.
Upcoming Changes: The threshold is expected to increase in 2025, so it’s essential to act now to secure your bonus credit.
Contact us today to discuss your project! We’re here to help you maximize your tax credits and ensure you’re ready for future requirements.!
Make sure to consult a tax professional. EcoFasten bases its guidance on the latest federal guidelines and documentation.
