The “Big, Beautiful Bill” has altered timelines for federal clean energy tax incentives. This will affect solar projects, electric vehicles, and the overall pace of the energy transition, and they come with fast-approaching deadlines. Upcoming plans to invest in energy should move quickly to be eligible for many of the available tax credits before they expire.
Complete Residential Solar Projects by End of 2025
Homeowners install projects and be operational by December 31, 2025, to receive the Residential Clean Energy Credit. If your residential project isn’t finished by this time, you will not be eligible to receive any tax credits.
Commercial Solar: Start Before July 2026
Commercial projects face two deadlines, depending on when construction begins.
- Projects that start before July 4, 2026: Eligible for the full 30% Investment Tax Credit (ITC) and have four years to complete.
- Projects that start on or after July 4, 2026: Eligible for the 30% ITC but must be completed by December 31, 2027.
EV Tax Credits End in October 2025
Federal tax credits for electric vehicles will end October 1st, 2025. Including credits for both new and used EVs, applying regardless of vehicle type or manufacturer.
From project scoping to financing strategy, our team is ready to guide your business through these changes. Contact us today to get started.
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