The Senate passed the Inflation Reduction Act (H.R. 5376) on August 7, and the bill now heads to the House. The bill provides a long-term extension of the investment tax credit (ITC) for solar as well as opportunities to earn “bonus credits” in certain cases. This Insight from Paul Burkett and the Energy Group summarizes the solar ITC provisions in the bill. We will continue tracking the bill and will update this Insight when it becomes law.
