[RE-wrenches] more on tax credits

Jason Lombard openhandsolar at gmail.com
Mon Jan 5 13:13:37 PST 2009


Nick,

I looked on www.desireusa.com but was unsuccessful as of yet, however, I did
find out the Vermont DOE number with the department that could probably
answer it; 888 921 5990.

I have been under the perception it is off the total system cost before
state rebates.

On Mon, Jan 5, 2009 at 1:30 PM, Nicholas Ponzio <
nponzio at buildingenergyus.com> wrote:

> 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
>
> --
>
>
> Nicholas Ponzio
> Building Energy
> 1570 South Brownell Road
> Williston, VT 05495
>
> t: 802-859-3384 x15
> f: 802-658-3982
> www.BuildingEnergyVT.com
>
> "Building Solutions for a Sustainable Future"
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-- 
Jason Lombard
Open Hand Solar LLC.
Certified Sustainable Building Adviser
openhandsolar at gmail.com
505 795 8646

"I'd put my money on solar energy… I hope we don't have to wait 'til oil and
coal run out before we tackle that."

—Thomas Edison
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