The developers are now cleared up on this," Whitten told Utility Dive. The Internal Revenue Service ( IRS ) has issued new tax credit guidelines for the US solar industry , which establishes that developers will be able to claim a 30 % investment tax credit on solar projects as long as the project begins by the end of 2019 . To be eligible , developers must have invested a minimum of 5 % of the total expected installation cost of a project by 1 January 2020 . The move has been welcomed as it clarifies previous guidance and offers a boost to an industry affected by Chinese tariffs .
The Internal Revenue Service ( IRS ) has issued new tax credit guidelines for the US solar industry , which establishes that developers will be able to claim a 30 % investment tax credit on solar projects as long as the project begins by the end of 2019 . To be eligible , developers must have invested a minimum of 5 % of the total expected installation cost of a project by 1 January 2020 . The move has been welcomed as it clarifies previous guidance and offers a boost to an industry affected by Chinese tariffs .