Howie, If you have the tax appetite, just own the system yourself for 5 years, charging the site for production. After five years, sell it to them for whatever balance you need to get to make the numbers work. As a solar installer you can do this without many legal hoops.
Other than that you are stuck forming a small PPA LLC and finding an investor with passive gains to offset. 10 KW is probably too small to be worthwhile. If it was 20 KW, that might work. Conrad Cotuit Solar -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Howie Michaelson Sent: Thursday, January 29, 2009 10:56 AM To: [email protected] Subject: [RE-wrenches] Federal Tax Credits for Nonprofits Hi All, Does anyone know of a way that a nonprofit could take advantage of the ITC on a relatively small gridtie (10 kW)? The only way I know of is if there is an historical building involved, but this seems only useful for much larger projects because of the administrative costs involved in pursuing this angle. TIA, Howie -- Howie Michaelson NABCEP Certified Solar PV InstallerT Sun Catcher, LLC Renewable Energy Systems Sales and Service VT Solar & Wind Incentive Program Partner http://www.SunCatcherVT.com (cell) 802-272-0004 (home) 802-439-6096 _______________________________________________ List sponsored by Home Power magazine List Address: [email protected] Options & settings: http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org List-Archive: http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org List rules & etiquette: www.re-wrenches.org/etiquette.htm Check out participant bios: www.members.re-wrenches.org _______________________________________________ List sponsored by Home Power magazine List Address: [email protected] Options & settings: http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org List-Archive: http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org List rules & etiquette: www.re-wrenches.org/etiquette.htm Check out participant bios: www.members.re-wrenches.org
