Accelerating the Clean Energy Transition

Tune in to discover how the Inflation Reduction Act:

• Stabilizes the 30% Federal Investment Tax Credit (FITC) for homeowners and businesses.
• Establishes a new tax credit for energy communities and low-income properties.
• Provides a simpler way for nonprofits to pay for solar with Elective Pay.
• Adds equity value to the FITC for Nonprofits and municipalities.
• Increases REAP program funding to expand solar for rural businesses.
• Significantly reduces solar project costs for businesses when paired with Illinois Solar Renewable Energy Credits (SRECs) and depreciation allowances.
• Expands access to solar in income-eligible and environmental justice communities when coupled with the Illinois Solar For All program.