[RE-wrenches] 26% to 30% ITC for 2022?

[August Goers]

>From everything I’ve read, “stand alone energy storage” is intended to mean
a battery system that is not paired with PV. Both on grid and off grid
systems can qualify for the tax credit. I’m not a tax advisor, but this is
my understanding. There will be a period of time in the coming months where
the government folks actually work through the exact interpretations of
this bill, so there will be more info coming I’m sure.

On Mon, Aug 15, 2022 at 1:32 PM August Goers <august at luminalt.com> wrote:

> This SEIA link has a PDF fact sheet you can download with info:
>
>
> https://www.seia.org/research-resources/inflation-reduction-act-solar-energy-and-energy-storage-provisions-summary
>
> August
> Luminalt
>
>
>
>
> On Fri, Aug 12, 2022 at 4:51 AM Dana Orzel via RE-wrenches <
> re-wrenches at lists.re-wrenches.org> wrote:
>
>> PV mag .02 on solar tax credit
>>
>>
>> https://pv-magazine-usa.com/2022/07/28/solar-investment-tax-credit-to-be-extended-10-years-at-30/
>>
>> Dana Orzel
>> C: 208.721.7003
>> E- dana at solarwork.com
>>
>> On Aug 12, 2022, at 4:54 AM, Jason Szumlanski via RE-wrenches <
>> re-wrenches at lists.re-wrenches.org> wrote:
>>
>> 
>> I have a trusted source here in Florida that read the Senate Bill text
>> and said it would be retroactive to 2022. The way I am handling it is
>> telling people my prices will surely be more than 4% more in 2023. They
>> would be shooting themselves in the foot by delaying their project.
>>
>> Jason
>>
>>
>>
>> On Fri, Aug 12, 2022, 6:48 AM Kirk Herander via RE-wrenches <
>> re-wrenches at lists.re-wrenches.org> wrote:
>>
>>> As we know, the FED tax credit will increase for 10 years (if it passes
>>> the House and signed into law) to 30%. But is it retro to calendar year
>>> 2022, or start in 2023? I have some customers making decisions based on
>>> this timing. Thanks.
>>>
>>> I found one interpretation suggesting it will be effective in 2022 but
>>> need some tangible proof.
>>>
>>> --
>>>
>>> *Kirk Herander / **kirkh at vermont.solar <kirkh at vermont.solar>*
>>>
>>> *Owner|Principal, VT Solar, LLC*
>>>
>>> *Celebrating our 31st Anniversary 1991-2022!!*
>>>
>>> *www.vermont.solar*
>>> <https://nam02.safelinks.protection.outlook.com/?url=www.vermontsolarnow.com&data=02%7C01%7C%7C9f0330d75a244870112408d685311841%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636842843233477645&sdata=0NjyuKeQbEK6245SNnk8X4XnP9Q%2B%2BqtvcALkdDghvk4%3D&reserved=0>
>>>
>>> dba Vermont Solar Engineering
>>>
>>> 802.863.1202
>>> _______________________________________________
>>>
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>> --
August Goers
Luminalt
o: 415.792.6666
m: 415.559.1525
august at luminalt.com
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