[RE-wrenches] 30% tax credit

[Joel Davidson]

Karl,
The details on the new ITC may change, but the existing law covers solar 
thermal. See page 4 at http://www.irs.gov/pub/irs-pdf/f3468.pdf
Joel Davidson

----- Original Message ----- 
From: "Karl Schwingel" <karl at northwindrenewable.com>
To: "RE-wrenches" <re-wrenches at lists.re-wrenches.org>
Sent: Sunday, October 05, 2008 12:42 PM
Subject: Re: [RE-wrenches] 30% tax credit


> Does anyone know if the uncapped 30% is good for solar thermal as well? 
> I've seen various languages, but don't know which one was the final one 
> passed.  I've seen no cap, and 30% of system up to $4000, and uncapped for 
> PV, but hasn't been specified for thermal .
>
> apparently all the provisions of the bill went into effect friday, when 
> the bill was signed.  understandable for the wall street portions, 
> unexpected benefit to us, is it went into effect immediately, any system 
> not installed will benefit.
>
> Karl
>
> Mendocino Solar Service wrote:
>> Hi Folks,
>>
>> What are people saying (or not saying) to signed or potential residential 
>> customers who could benefit from waiting until January to get the 
>> un-capped 30% tax credit? Could we see all our jobs for the next three 
>> months on hold? (I'm assuming the cap ends Jan. 1)
>>
>> Bruce Erickson
>> Mendocino Solar Service
>> 707-937-1701
>> 707-937-1741 fax
>> PO Box 1252
>> Mendocino, CA 95460
>>
>>
>> "Serving the Solar System"
>>
>>
>>
>>
>>
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>
> -- 
> Karl Schwingel
> NABCEP Certified Solar Thermal Installer
> NorthWind Renewable Energy LLC
>
> PO Box 723 Stevens Point, WI 54481
> Karl at Northwindre.com
> Cell: 715 209 0446
> Fax : 715 952 4501
>
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