tax credit for upgrade? [RE-wrenches]
Joel Davidson
joel.davidson at sbcglobal.net
Sun Feb 10 10:14:28 PST 2008
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It is my understanding that the tax credit only applies to new equipment,
for example, you have a 3 kW PV system and add 3 more kW of modules with or
without another inverter. Repairs that require replacement of old equipment
with new equipment may be eligible, but (standard caveat) ask your
accountant.
Joel Davidson
----- Original Message -----
From: "Brad Bassett" <bbassett at hei.net>
To: <RE-wrenches at topica.com>
Sent: Sunday, February 10, 2008 10:06 AM
Subject: tax credit for upgrade? [RE-wrenches]
>
> I don't seem to be able to search the list, and I didn't pay attention
> to this issue before, but now I need to know if upgrades to PV systems
> and repairs on solar hot water systems qualify for the residential tax
> credit.
>
> Thanks,
>
> Brad Bassett
>
>
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