The Business Energy Investment Tax Credit (ITC) is a U.S. federal corporate tax credit that is applicable to commercial, industrial, utility, and agricultural sectors. Eligible technologies for the ITC are solar water heat, solar space heat, solar thermal electric, solar thermal process heat, photovoltaics, wind, biomass, geothermal electric, fuel cells, geothermal heat pumps, CHP/cogeneration, solar hybrid lighting, microturbines, and geothermal direct-use.
This program is co-administered by the US Internal Revenue Service (IRS) and the U.S. Department of Energy (DOE). The tax credits were expanded by the American Recovery and Reinvestment Act of 2009 and most components will last until December 31, 2016.