Wrenches,

I have been operating under the assumption that federal tax credits are computed based on net cost AFTER any state reductions. I recently got a newsletter from a solar distributor stating that the 30% ITC is now calculated based on the TOTAL system cost including state incentive. Is this accurate? I can't find the reference on the SEIA website to confirm this.

Thanks in advance for any feedback.
-nik ponzio

--


Nicholas Ponzio
Building Energy
1570 South Brownell Road
Williston, VT 05495

t: 802-859-3384 x15
f: 802-658-3982
www.BuildingEnergyVT.com

"Building Solutions for a Sustainable Future"


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