NREL has released a report detailing qualitative and quantitative analysis of the pros and cons of the different federal incentives available to renewable energy projects: the ITC, the PTC, and the new cash grant option.
Commercial solar panel installations get a shot in the arm from Obama’s stimulus package, which offers businesses the choice between the traditional 30% ITC or a grant of equal value–but only for the next two years.
As you may know, residents (and businesses) can take a 30-percent federal tax credit when purchasing solar PV systems. You also may know, however, that reading about tax rules is about as much fun as watching silicon degrade, molecule by molecule. Luckily, the freshly amended investment tax credit (ITC) is fairly straight forward. It provides [...]
With the new year comes revised tax rules for individuals who purchase PV solar systems. In short, the residential investment tax credit (ITC) is no longer constrained by a $2,000 cap. This means that buyers can take a credit worth the full 30 percent of final project costs, which includes the PV modules, mounts, wiring, [...]
