C&I solar feels the IRA effect
Factors such as net-metering rules, solar system size limits, and state electricity prices can render commercial and industrial (C&I) solar less than straightforward in the United States but the boost provided by the Inflation Reduction Act (IRA) is clear, explains S&P Global’s Alex Kaplan.
Before the signing into law of the IRA, the investment tax credit (ITC) for C&I and community solar projects was set to fall from 26% to 10% in 2024. That reduction would have significantly cut the biggest driving force in the sector.Combined with tricky market dynamics to navigate, the C&I solar sector was expected to …
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