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<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Dana,<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Federal depreciation rules establish depreciation or the depreciable
basis based on the system cost reduced by half of the tax credit. The federal
grant is “in lieu” of the tax credit therefore I am fairly certain
that treatment should be the same as taking the tax credit. <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>However, I couldn’t readily find a definitive answer and
it was not covered in the SEIA webinar. If you cant get an affirmative
response then email the treasury department at <a
href="mailto:1603Questions@do.treas.gov">1603Questions@do.treas.gov</a>. <o:p></o:p></span></p>
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<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Randy<o:p></o:p></span></p>
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color:#1F497D'><o:p> </o:p></span></p>
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color:#1F497D'>Randy Sadewic</span><span style='color:#1F497D'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Positive Energy</span><span style='color:#1F497D'><o:p></o:p></span></p>
<p class=MsoNormal><span style='color:#1F497D'> <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";
color:#1F497D'>Office: 505 424-1112</span><span style='color:#1F497D'><o:p></o:p></span></p>
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color:#1F497D'>Cell: 505 570-0137</span><span
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<p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span
style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>
re-wrenches-bounces@lists.re-wrenches.org
[mailto:re-wrenches-bounces@lists.re-wrenches.org] <b>On Behalf Of </b>Dana
Brandt<br>
<b>Sent:</b> Tuesday, September 29, 2009 5:33 PM<br>
<b>To:</b> RE-wrenches<br>
<b>Subject:</b> [RE-wrenches] does the federal grant affect depreciation?<o:p></o:p></span></p>
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<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Wrenches,<br>
<br>
I feel like this must have been discussed before, but I can't find it in the
archives. <br>
<br>
If a business takes the 30% federal grant, do they get to depreciate 100% of
the system cost, or just the remaining 70%?<br clear=all>
<br>
Thanks,<br>
<br>
Dana<br>
<br>
<br>
Dana Brandt<br>
Ecotech Energy Systems, LLC<br>
<a href="http://www.ecotechenergy.com" target="_blank">www.ecotechenergy.com</a><br>
<a href="mailto:dana@ecotechenergy.com" target="_blank">dana@ecotechenergy.com</a><br>
360.510.0433<o:p></o:p></p>
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