Learn more below:
Peninsula Solar, based out of Marquette MI, is the only fully licensed solar installation company in the Upper Peninsula. We have been installing residential solar and commercial-scale solar systems since 2011, and our design team will be happy to speak with you in order to develop a free proposal while ensuring you take advantage of any opportunity for free tax credit.
Give us a call in Marquette: 906-235-0340 or in Traverse City: (231) 590-7305! We'll gladly answer all of your questions and help you through the process.
What is the Tax Credit Offer?
The Inflation Reduction Act of 2022 is an unprecedented legislation that affords homeowners, business owners, and nonprofits staggering opportunities to invest in renewable solar energy.
Amidst the commotion, some people missed the significance of this announcement. Now, with passing of new Big Beautiful Bill legislation in 2025, we're seeing a different type of commotion. The future for incentives for renewables, like this, is uncertain.
A modern solar energy system is by far the most cost effective way to provide power to a building, especially one that consumes a fair amount of energy. Learn more about how the Big Beautiful Bill will effect incentives for residential solar systems and for commercial solar systems below:
Commercial Solar Incentives
The Section 48E Commercial Solar Tax Credit remains strong under the BBB:
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30% credit available if construction starts by July 4, 2026, or if the system is placed in service by December 31, 2027.
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30% Energy Storage credit continues through 2032.
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All ITC adders (low-income, energy communities, etc.) remain in effect.
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Tax credit transferability and Direct Pay for tax-exempt organizations continue unchanged.
Note: Projects that begin construction by July 4, 2026, typically have a 4-year safe harbor period to be completed.
