All residential storage systems over 3 kilowatt-hours (kWh) in size are eligible for the 30% tax credit when purchased and installed by the end of this year. For a typical home energy storage system, the ITC can reduce the cost of your system by $3,000 to $5,000. There are a host of money-saving incentives available to help make solar energy more affordable upfront, and to help you save and earn more from it for years to come. First, tax credits and rebates are only open to those households that own their systems and equipment. There are already many benefits to installing an energy storage system, including saving money on demand charges, the ability to shift your usage from peak demand periods, and storing backup. If you're considering investing in energy storage, there are valuable tax incentives and rebates available that can help lower your installation costs, just as there are for home solar panel systems. With programs like SGIP, ITC, and ConnectedSolutions, businesses can save big. Discover how PowerFlex helps you navigate incentives and optimize ROI.