Comments on: Commercial solar’s federal grant option

By: Adam Sewall

Adam Sewall — Mon, 13 Sep 2010 18:00:06 +0000

Hi Steven,

Yes, the cash grant option is scheduled to end Dec 31, 2010. The investment tax credit (ITC), however, has been authorized through 2016:

“In general, credits are available for eligible systems placed in service on or before December 31, 2016:

Solar. The credit is equal to 30% of expenditures, with no maximum credit. Eligible solar energy property includes equipment that uses solar energy to generate electricity, to heat or cool (or provide hot water for use in) a structure, or to provide solar process heat. Hybrid solar lighting systems, which use solar energy to illuminate the inside of a structure using fiber-optic distributed sunlight, are eligible. Passive solar systems and solar pool-heating systems are not eligible. (The Solar Energy Industries Association has published a three-page document that provides answers to frequently asked questions regarding the federal tax credits for solar energy.)”

http://dsireusa.org/incentives/incentive.cfm?Incentive_Code=US02F&re=1&ee=1

Hope this helps!

By: Steven

Steven — Sun, 12 Sep 2010 02:21:11 +0000

I’m confused. Is the cash grant ending Dec. 31, 2010? I heard from Solar company that grant will end by end of this year and tax credit; end of next year.

By: Annie ( Property Website ) Wagner

Annie ( Property Website ) Wagner — Wed, 07 Oct 2009 10:04:43 +0000

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Thanks and well done!

By: Grand Junction Colorado Solar Installer

Grand Junction Colorado Solar Installer — Mon, 20 Jul 2009 17:49:36 +0000

Between the utility company rebates and the federal tax credit (or grant), the cost of solar PV is to the point where you can get and ROI over 8% and a payback period of less than 6 years, or so believes this Colorado Solar Provider. Just remember that it is a tax rebate for commercial business, but a tax credit for individual residents.

By: GetSolar (GetSolar.com)

GetSolar (GetSolar.com) — Thu, 01 Jan 1970 04:59:59 +0000

New blog post: Commercial solar’s federal grant option http://tinyurl.com/c7mwk5