[RE-wrenches] more on tax credits

[Nicholas Ponzio]

Wrenches,

I have been operating under the assumption that federal tax credits are 
computed based on net cost AFTER any state reductions. I recently got a 
newsletter from a solar distributor stating that the 30% ITC is now 
calculated based on the  TOTAL system cost  including state incentive. 
Is this accurate? I can't find the reference on the SEIA website to 
confirm this.

Thanks in advance for any feedback.
-nik ponzio

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Nicholas Ponzio
Building Energy
1570 South Brownell Road
Williston, VT 05495

t: 802-859-3384 x15
f: 802-658-3982
www.BuildingEnergyVT.com

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