evidence: Businesses can deduct 30% of the cost of their solar energy system from their federal taxes the year the system is operational or up to 20 years into the future. This credit is part of the Inflation Reduction Act and is available through 2032. After that, it is scheduled to decline to 26% in 2033 and then drop to 22.5% for businesses beginning in 2034. [...] The Federal Tax Credit ITC offers significant financial incentives for businesses with battery storage systems, including a 30% tax credit on the cost of the system. This makes renewable energy more affordable, encourages adoption, reduces energy bills, and supports grid stability while promoting environmental sustainability. [...] How can you make a meaningful difference to lower your electric bill? The most obvious answer is utilizing solar power. If getting solar has ever been in the conversation for your business or organization, there are two very important changes coming that you must know about before it’s too late.