Tax Credits Are Best Way for Congress to Aid Solar, Sunnova Says

Sunnova Energy International Inc. says the most important step U.S. Congress can take to support solar power is to extend a federal tax credit on investments in the industry.

“The best thing that D.C. can do for solar is to pass the tax credit package,” said Meghan Nutting, executive vice president of government and regulatory affairs at Sunnova, one of the biggest U.S. residential solar companies.

The program, which is set to expire in 2024, offers a 26% tax credit for systems installed between 2020 and 2022 and a 22% credit for those installed in 2023. Nutting makes the ...