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Investment tax credit (ITC) — Energy Glossary | Pilot Energy

Written by Pilot Energy | May 26, 2026 4:22:08 PM

Investment tax credit (ITC)

Category: Policy

A US federal tax credit for clean energy investments equal to a percentage of project cost. Under the Inflation Reduction Act, the base ITC is 30% for solar, storage, and other qualifying technologies, with bonus credits available for domestic content, energy communities, and low-income areas.

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