From one who lurks:
The 15% tax credit is applied to the NET cost of the system after the rebate. It is not refundable (i.e., can be applied only toward taxes paid or owed) and is going to affect the bottom line on your Federal return.
The taxman giveth and taketh.
Happy New Year
Patrick A. Redgate
AMECO
Long Beach, CA
(562) 595-9570
www.amecosolar.com
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