Reduce your return-on-investment period by utilizing the federal solar ITC for Solstex® BIPV solar facade system installation.
The Solstex® facade system, a state-of-the-art BIPV solar system that doubles as premium exterior cladding, qualifies for a 30% credit on the installed cost through the U.S. federal solar investment tax credit.
Reduce your return-on-investment period by utilizing the federal solar ITC for Solstex® BIPV solar facade system installation.
Fulfill local environmental requirements for your commercial building projects with a Solstex® BIPV solar facade system.
The solar ITC is a federal tax incentive that allows architects and developers to claim 30% of the installed cost of a solar system in commercial building projects.
The ITC is designed to boost the use of renewable solar energy sources in commercial buildings by easing the financial burden of installation, including the cost of materials.
Solar systems like a Solstex® BIPV solar facade system are eligible for the federal solar ITC if installation begins before 2033 and the system is operational in 2022 or later.
The commercial solar ITC is based on the cost of establishing a solar system. It allows you to claim the costs to install a solar system as a 30% credit on your federal taxes* for the year of installation.
Generally, the federal solar investment tax credit covers any material and labor associated with the solar system.
Building-integrated photovoltaics (BIPV) are solar-energy-capturing modules that replace building components in commercial construction, including facades, windows and shingles.
BIPV products like Solstex® facade provide unique dual functionality, serving as building components and generators of electricity. As a result, BIPV components pay for themselves over the lifetime of a commercial building.
While structural components do not typically qualify for the ITC, Solstex® BIPV facade is an exception because it is specifically engineered as part of a solar system.
When installed in a commercial building, a BIPV product like Solstex® generates electricity for that building. The system pays for itself over the building’s lifetime and reduces the return on investment (ROI) period.
Now add a 30% recoup of installed costs.
With a Solstex® BIPV solar facade system, you can reduce your ROI period by an average of six years by utilizing the federal solar ITC.
Solstex® BIPV solar facade systems help commercial projects meet green building requirements enforced by state, municipal and county governments.
An increasing number of U.S. cities, municipalities and counties more regularly enforce regulations that require commercial projects to reduce carbon footprint and increase energy efficiency. These include major cities like New York City, San Francisco, Washington, D.C., Boston and St. Louis.
The Solstex® facade system is your ideal solution. Solstex® lessens a commercial building’s dependence on energy generated by fossil fuels. With the smallest carbon footprint and lowest water usage during manufacturing, Solstex panels are the photovoltaic industry’s most eco-efficient.
Find green incentives and policies in your area using the Database of State Incentives for Renewables and Efficiency (DSIRE).
Our comprehensive solar energy tax credits and incentives white paper includes the key details you need to know about the ITC and Production Tax Credit (PTC).