Are PV system rebates taxable income? [RE-wrenches]

[Joel Davidson]

A customer got a 1099 from the California Energy Commission and asked me
if he had to pay taxes on his PV system rebate. I think not. Internal
Revenue Code 136 says that energy conservation subsidies provided by
public utilities are excluded from gross income.

I found several references to IRC 136 when I searched Yahoo at
http://google.yahoo.com/bin/query?p=%22energy+conservation+subsidies%22&hc=0&hs=0

http://www.nysscpa.org/cpajournal/old/14038936.htm
http://www4.law.cornell.edu/uscode/26/136.html
http://www.unclefed.com/IRS-Forms/1997/p525.pdf
http://www.ftb.ca.gov/other/legis/01_02absb/sb31x_040501.pdf
http://envirotext.eh.doe.gov/data/uscode/26/136.html
http://www.massdor.com/rul_reg/tir/tir98_15.htm
...and so on.

Does anyone have a reference that states that PV system buydown rebates
are taxable income or are not excluded from gross income?

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