Thousands of Buildings in Exact Solar’s Territory Qualify for Additional 10% Solar Tax Credit

Exact Solar is excited to announce that on June 10th, the IRS redrew its map of “energy communities,” and most of Exact Solar’s service area in Southeast Pennsylvania and New Jersey landed inside the lines. Commercial buildings in those areas can now claim an extra 10% federal tax credit on a solar project, on top of the 30% they already qualified for.This IRS designation will offer commercial building owners who go solar within certain counties the opportunity to claim up to 40% back on their commercial solar projects. If their projects qualify for Domestic Content, they can claim up to 50% back on commercial solar projects. Exact Solar worked with the Amicus Solar Cooperative to pre-safe harbor several project slots. Even though the commercial solar tax credit is on an accelerated phase-out, certain companies who work directly with Exact Solar can still claim the tax credit under the old Inflation Reduction Act Rules. If you own or manage a commercial building, a school, a township campus, or a house of worship in Pennsylvania or New Jersey, we’d love to work with you to check if your building could qualify and show you how much your organization could save. Book a time to talk with our team by clicking the link below: Show Me What My Building Qualifies For