Karl,
The details on the new ITC may change, but the existing law covers solar
thermal. See page 4 at http://www.irs.gov/pub/irs-pdf/f3468.pdf
Joel Davidson
----- Original Message -----
From: "Karl Schwingel" <[EMAIL PROTECTED]>
To: "RE-wrenches" <[email protected]>
Sent: Sunday, October 05, 2008 12:42 PM
Subject: Re: [RE-wrenches] 30% tax credit
Does anyone know if the uncapped 30% is good for solar thermal as well?
I've seen various languages, but don't know which one was the final one
passed. I've seen no cap, and 30% of system up to $4000, and uncapped for
PV, but hasn't been specified for thermal .
apparently all the provisions of the bill went into effect friday, when
the bill was signed. understandable for the wall street portions,
unexpected benefit to us, is it went into effect immediately, any system
not installed will benefit.
Karl
Mendocino Solar Service wrote:
Hi Folks,
What are people saying (or not saying) to signed or potential residential
customers who could benefit from waiting until January to get the
un-capped 30% tax credit? Could we see all our jobs for the next three
months on hold? (I'm assuming the cap ends Jan. 1)
Bruce Erickson
Mendocino Solar Service
707-937-1701
707-937-1741 fax
PO Box 1252
Mendocino, CA 95460
"Serving the Solar System"
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--
Karl Schwingel
NABCEP Certified Solar Thermal Installer
NorthWind Renewable Energy LLC
PO Box 723 Stevens Point, WI 54481
[EMAIL PROTECTED]
Cell: 715 209 0446
Fax : 715 952 4501
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