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Officials urge flexibility, transmission upgrades to accommodate storage and DER buildout

Bill introduced to extend US investment tax credit for residential solar systems

Bill introduced to extend US investment tax credit for residential solar systems
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Introduction of Residential Solar Parity Legislation Creates Long-Term Cost Savings Opportunities for American Families and Economic Growth

Share this article Share this article WASHINGTON, July 29, 2021 /PRNewswire/ A coalition of solar companies, cooperatives, and non-profits, the 25D Parity Coalition, today welcomed the introduction of The Residential Solar Opportunity Act of 2021, legislation that will provide parity for residential solar customers alongside commercial solar – a win for American homeowners, job growth for solar installers, dealers and small businesses alike.     We applaud Representatives Sanchez (D-CA), Terri Sewell (D-AL) and Jimmy Gomez (D-CA) for the introduction of The Residential Solar Opportunity Act of 2021.  The 25D credit is a federal residential solar energy investment tax credit (ITC) that allows the consumer to claim a percentage of the costs of a solar system for their home on their federal income taxes.  The 25D credit is a highly successful program utilized by over 70 percent of the residential solar market.  Achieving parity with commercial solar allows for resident

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