The One Big Beautiful Bill, signed into law on July 4, begins the phase-out of the Federal Investment Tax Credit (ITC) for solar and wind energy. While the 30% ITC is being eliminated, there’s still time to secure this important incentive for solar projects. How? “Safe Harbor” is a provision within the ITC that allows projects to lock in the credit for a given year by demonstrating that construction has “begun.” Solar projects that begin construction within 12 months of the law’s enactment are eligible for the full 30% ITC, with no placed-in-service deadline. Projects that begin construction after that […]