At 4:00 am on December 16th, we weren’t sleeping. We were emailing back and forth in shock at the sudden probability of the ITC extension being signed into law.
We had high hopes for an extension, but didn’t expect it to get done so suddenly. The next day, after greeting each other with “Merry Solarmas,” we celebrated as any proper company would, with champagne and cake in the office kitchen. We explained the basics to our team, 5-year extension of the 30% federal tax credit, bonus depreciation extension, Section 179 made permanent.