Yes, The Consolidated Appropriations Act, signed in December 2015, extended
the expiration date for PV and solar thermal technologies, and
introduced a gradual step down in the credit value for these
technologies.
Solar-electric property
- 30% for systems placed in service by 12/31/2019
- 26% for systems placed in service after 12/31/2019 and before 01/01/2021
- 22% for systems placed in service after 12/31/2020 and before 01/01/2022
There is no maximum credit for systems placed in service after 2008. Systems must be placed in service on or after January 1, 2006, and on or before December 31, 2021.