[RE-wrenches] Residential tax credit

[larry at starlightsolar.com]

Hi Drake,

Whoever owns the property claims the credit. Unless things have changed, the unused portion of the credit can be carried over for up to 20 years. He could use portion of it each year.

Larry


On Mar 15, 2021, at 12:55 PM, drake.chamberlin at redwoodalliance.org wrote:


Hello Wrenches,

A client would like to have an 11 kW residential system installed. He would like to utilize the federal tax credit, but is retired and doesn’t have sufficient income to benefit.

His son would finance most of the system if he could get the credit. His son is grown and lives out of state. Is there a good way to accomplish this? Should they set up a PPA?

Thanks,

Drake

Drake Chamberlin
Athens Electric LLC
Ohio Electrical Contractor’s License 44810
CO Master Electrician’s License 4526
NABCEP Certified PV Installation Professional
athens-electric.com

-- 
_______________________________________________
List sponsored by Redwood Alliance

List Address: RE-wrenches at lists.re-wrenches.org

Change listserver email address & settings:
http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org

There are two list archives for searching. When one doesn't work, try the other:
https://www.mail-archive.com/re-wrenches@lists.re-wrenches.org/
http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org

List rules & etiquette:
http://www.re-wrenches.org/etiquette.htm

Check out or update participant bios:
http://www.members.re-wrenches.org


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.re-wrenches.org/pipermail/re-wrenches_lists.re-wrenches.org/attachments/20210315/d57c49dc/attachment.htm>