Month: December 2020

MVMNT Home Solutions

Solar investment tax credit extended at 26% for two additional years

Dec. 28 update: The President has passed the federal spending package and all solar aspects are still intact. Extended renewable energy tax credits have been included in a $1.4 trillion federal spending package alongside a $900 billion COVID-19 virus relief spending bill. The solar investment tax credit (ITC), which was scheduled to drop from 26% …

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The future of solar: Energy storage and beyond

For anyone who has been paying attention to energy trends over the last year, it’s clear that energy storage is huge in the residential solar market. In fact, according to a recent Wood Mackenzie U.S. Energy Storage Monitor report, Q2 of 2020 saw residential battery installations grow 38% compared to Q1, indicating that installations have …

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