First year of the project completed in 2024, with a total duration of five years Historically focused on gold extraction, Paraguay is now strategically positioning itself to capitalize on the burgeoning lithium market, situated between Argentina and Bolivia.
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For 2025, residential solar installations qualify for a 30% federal tax credit on the total system cost, including equipment and installation expenses.
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In this guide, we break down the types of state, local, and utility rebates and tax incentives that may still be available. We also include examples and resources to help you maximize your potential solar savings.
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Solar systems that are placed in service in 2022 or later and begin construction before 2034 are eligible for a 30% ITC or a 2. 75 ¢/kWh5 PTC if they meet labor requirements issued by the Treasury Department6 or are under 1 megawatt (MW)7 in size.
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