Solar City model [RE-wrenches]

[solarpro at aol.com]

CA Wrenches:
 
Lyndon's own words betray the problem with this approach:
 
" We're able to capitalize on the commercial tax credits that residents  
aren't able to capitalize on."
 
Once the IRS discovers that homeowners are deriving the benefit of a  
commercial lease by reduced monthly payments, I predict that this model will  come to 
a screeching halt in tax court, leaving investors and lease holders  alike 
holding the bag.  The end use of the system determines its  tax treatment, as 
defined by tax code. If it did not, I could  incorporate my dog and depreciate 
his bones.
 
This approach did not work in the eighties, for the same reason.
 
Just a thought from a solar old-timer,.
 
 
Patrick A. Redgate
AMECO






In a message dated 4/11/2008 5:58:13 P.M. Pacific Daylight Time,  
allan at positiveenergysolar.com writes:



Wrenches in California,

Check out the Grist article on  SolarCity:
http://www.grist.org/feature/2008/04/11/?source=daily.

If  indeed they're the largest installer in NorCal, you know about them.
What's  the rest of the story? Are they doing what CitizenRe can't (thank
God)? Is  theirs a model that we would want to pay close attention to and
replicate  elsewhere? Is this the future of residential GT  PV?

Thanks,

Allan  Sindelar
allan_(at)_positiveenergysolar.com
<mailto:allan at positiveenergysolar.com>  
NABCEP certified solar PV installer
Positive Energy, Inc.
3225A  Richards Lane
Santa Fe NM 87507
505 424-1112







 (http://www.amecosolar.com/) 





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