energy investment tax credit
In 2019, CAHEC Energy initiated Southeast Energy Investment Fund I to invest in three, large scale utility solar farms. This Fund, which highlights a partnership between an existing investor and an established solar developer, constituted a $7.7 million investment.
The Energy Investment Tax Credit (ITC) is currently a 26 percent tax credit for solar systems on residential and commercial properties. Following the ITC’s enactment in 2006, the U.S. solar industry has created hundreds of thousands of jobs and invested billions of dollars into our economy. CAHEC looks forward to continued partnerships on solar developments and the success of its industry.