Simplifying Domestic Content Compliance with SolarEdge and Enstall

SolarEdge and Enstall have established an innovative alliance with Novogradac & Company and Crux, with the aim of making domestic content tax benefits more accessible for developers and businesses. This strategy aims to ease the process of achieving IRS Domestic Content bonuses while also paving a direct bridge towards monetizing these credits.

Meeting Domestic Content requirements set by bureaucratic notices can often seem like a daunting challenge for developers who are dabbling in Multi Dwelling Units (MDUs), apartment facilities, and large rooftop commercial and industrial projects. The solution that the aforementioned entities are proposing exhibits a simplicity that is certain to be well-received by business owners, as it streamlines critical segments of the process like due diligence, compliance validation and monetizes the tax credit process.

Streamlined Compliance

In a bid to aid developers and businesses in meeting IRS specifications, SolarEdge and Enstall have collaborated with Novogradac & Company in creating an Agreed Upon Procedure (AUP) Report. This report extensively covers the required procedures for assessing the Domestic Content eligibility of SolarEdge and Enstall's products, offering a convenient route of achieving due diligence for potential beneficiaries of Investment Tax Credits (ITC).

The cooperative partnership extends the realm of domestic content by simplifying compliance and monetization processes which may have previously been more complex. It comes with the added convenience of products from SolarEdge's commercial series which have already achieved BABA compliance being readily available for this process.

SolarEdge's U.S.-manufactured inverter and optimizer solutions also ensure developers get the benefit of having products that qualify for domestic content, thereby making this a one-stop destination for those seeking to obtain these tax benefits.

Versatile Application

These solutions have a wide range of application; whether it is advent health or extra space storage needs, the usability of these solutions are vast, covering micro-inverters to large scale solar projects. In addition, they are future-proof, offering warranties that extend over long periods.

The combined effort of SolarEdge and Enstall makes the path to compliance and monetization of domestic content much smoother for businesses. It ensures more entities can take advantage of energy efficient technologies, and gain credit for doing so. Making the move towards solar energy not only ensures financial savings but also positions businesses to exploit the benefits of going solar and contribute to a more sustainable future for the industry.