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<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Hi Peter,<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'><span style='mso-list:Ignore'>1)<font size=1 face="Times New Roman"><span
style='font:7.0pt "Times New Roman"'>       </span></font></span></span></font><![endif]><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'>Only the DOT grant alternative to the ITC is due to expire. SEIA is
pushing for an extension.  I couldn’t be more impressed by this
organization and would strongly encourage everyone in this industry to join.  There
are varying levels of membership and it costs some money but it is well worth
it.  They are very active in <st1:State w:st="on"><st1:place w:st="on">Washington</st1:place></st1:State>
and keep members updated with webinars on legislation, accounting, tax issues,
etc.<o:p></o:p></span></font></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'><span style='mso-list:Ignore'>2)<font size=1 face="Times New Roman"><span
style='font:7.0pt "Times New Roman"'>       </span></font></span></span></font><![endif]><font
size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:navy'>Yes!<o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Perhaps Michael can see the accounting /
economics as part of the mechanics….   : ><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Conrad<o:p></o:p></span></font></p>

<p class=MsoNormal><st1:PersonName w:st="on"><font size=2 color=navy
 face=Arial><span style='font-size:10.0pt;font-family:Arial;color:navy'>Cotuit
 Solar</span></font></st1:PersonName><font size=2 color=navy face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:navy'><o:p></o:p></span></font></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'><o:p> </o:p></span></font></p>

<div>

<div class=MsoNormal align=center style='text-align:center'><font size=3
face="Times New Roman"><span style='font-size:12.0pt'>

<hr size=2 width="100%" align=center tabindex=-1>

</span></font></div>

<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'>
re-wrenches-bounces@lists.re-wrenches.org [mailto:re-wrenches-bounces@lists.re-wrenches.org]
<b><span style='font-weight:bold'>On Behalf Of </span></b>Peter Parrish<br>
<b><span style='font-weight:bold'>Sent:</span></b> Thursday, January 14, 2010
11:43 AM<br>
<b><span style='font-weight:bold'>To:</span></b> '<st1:PersonName w:st="on">RE-wrenches</st1:PersonName>'<br>
<b><span style='font-weight:bold'>Subject:</span></b> [<st1:PersonName w:st="on">RE-wrenches</st1:PersonName>]
Investment Tax Credit</span></font><o:p></o:p></p>

</div>

<p class=MsoNormal><font size=3 face="Times New Roman"><span style='font-size:
12.0pt'><o:p> </o:p></span></font></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>I have two questions about the Investment tax Credit (ITC). </span></font><o:p></o:p></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> </span></font><o:p></o:p></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.25in'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>(1)</span></font><font
size=1><span style='font-size:7.0pt'>     </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'>I understand
that it has an expiration date of December 31, 2010. If this is true, is it
probable that it will be extended for another year or more? Asked another way,
what are the chances that it will be allowed to expire?</span></font><o:p></o:p></p>

<p class=MsoNormal style='margin-left:.5in;text-indent:-.25in'><font size=2
face=Arial><span style='font-size:10.0pt;font-family:Arial'>(2)</span></font><font
size=1><span style='font-size:7.0pt'>     </span></font><font
size=2 face=Arial><span style='font-size:10.0pt;font-family:Arial'>Is it true
that the project must only be started (e.g. installation actually started)
before the end of the year to qualify?</span></font><o:p></o:p></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> </span></font><o:p></o:p></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'>If this post should be on the Marketing list, I apologize in
advance!</span></font><o:p></o:p></p>

<p class=MsoNormal><font size=2 face=Arial><span style='font-size:10.0pt;
font-family:Arial'> </span></font><o:p></o:p></p>

<div>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>- Peter</span></font><o:p></o:p></p>

<p><font size=2 color=navy face=Arial><span style='font-size:10.0pt;font-family:
Arial;color:navy'> </span></font><o:p></o:p></p>

<p class=MsoNormal><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;font-family:Arial;color:navy'>Peter T. Parrish, Ph.D., President<br>
<st1:State w:st="on"><st1:place w:st="on">California</st1:place></st1:State>
Solar Engineering, Inc.<br>
<st1:address w:st="on"><st1:Street w:st="on">820 Cynthia Ave.</st1:Street>, <st1:City
 w:st="on">Los Angeles</st1:City>, <st1:State w:st="on">CA</st1:State> <st1:PostalCode
 w:st="on">90065</st1:PostalCode></st1:address><br>
CA Lic. 854779, NABCEP ™ Cert. 031806-26<br>
<a href="mailto:peter.parrish@calsolareng.com"><font color=navy><span
style='color:navy'>peter.parrish@calsolareng.com</span></font></a>  <br>
Ph 323-258-8883, <st1:City w:st="on"><st1:place w:st="on">Mobile</st1:place></st1:City>
323-839-6108, Fax 323-258-8885   </span></font><font size=1
color=navy><span style='font-size:9.0pt;color:navy'>                                                                                                </span></font><o:p></o:p></p>

<p><font size=3 color=navy face="Times New Roman"><span style='font-size:12.0pt;
color:navy'> </span></font><o:p></o:p></p>

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<p><font size=3 color=blue face="Times New Roman"><span style='font-size:12.0pt;
color:blue'> </span></font><o:p></o:p></p>

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