Chris McLoon is quoted in a Solar Power World article discussing how HR1, the federal budget reconciliation bill, would change the federal residential solar investment tax credit. The legislation shifts eligibility from when a system is operating to when the installation costs are actually paid and completed. Even if a system is waiting for grid connection, it can still count as complete if the installation work itself is finished.

“Expenditures are treated as ‘made’ when the property is installed, not before,” Chris said, highlighting how installation timing determines eligibility for the credit. He emphasized that this difference is important for homeowners who want to be sure they qualify before the credit expires.

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