Eligible: Businesses, Local Government, Nonprofits, Tribes
Apply by Feb 19, 2025
Apply nowEligible solar and wind facilities that are part of a qualified low-income residential building or a qualified low-income economic benefit project can receive a 10-20% increase in the investment tax credit.
Tax Incentive
Low-Income Communities Bonus Credit Program for Solar and Wind Projects
US Department of Energy (DOE) - Office of Energy Justice & Equity / Internal Revenue Service (IRS)
Federal
$1.8 GW of eligible solar and wind capacity per year
Businesses, Local Government, Nonprofits, Tribes
Buildings & Infrastructure, Environmental Justice, Renewable Energy, Residential
Equipment Purchase/Lease, Project Finance
A 10-percentage point increase is available to eligible solar and wind facilities that are installed in low-income communities or on Indian land and a 20 percentage point credit increase is available to eligible solar and wind facilities that are part of a qualified low-income residential building or a qualified low-income economic benefit project.
National
The bonus credit provides a 10 or 20 percentage point increase to the investment tax credit for qualified solar and wind energy facilities with a maximum net output of less than five megawatts (AC). DOE will review applications and make recommendations to the IRS, which will allocate to up to 1.8 gigawatts (GW) of eligible solar and wind capacity per year.
Credit on federal taxes
Jul 16, 2005
Feb 19, 2025
Program capacity dashboard: https://eco.energy.gov/ejbonus/s/
Visit our FAQs and glossary.
Return to search