This whitepaper presents the considerations on the financial implications for solar projects resulting from the One Big Beautiful Bill (OBBB). In short, the OBBB steps down the investment tax credit (ITC) for solar projects, however the ITC is intact for energy storage projects. Additionally, the OBBB provides for energy projects to be depreciated in a 1-year timeline vs. the 5-years MACRS schedule (plus bonus) under the IRA and earlier legislation.
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