It's totally OK to apply for an offgrid Fed ITC. Some state (like OR) will even
give you a State ITC for offgrid. However, I did have an offgrid client a few
years back who's ITC was questioned. The IRS wanted to know if the PVs were for
real (Mitsubishi just makes cars and TVs, right?) and
Does anyone know for certain if a homeowner can qualify for the 30% federal
solar tax credit (ITC) if the PV is used for direct water pumping out of a well
used for irrigation? To be more specific, there are two wells that will be
solarized. One well will provide irrigation water to livestock
Eric,
My understanding is that it's a residential credit and thus has to
be used for a residence, although it's not limited to a primary
residence. So in that case, no, an irrigation pump would not be
allowed.
By the way, solar water pumping is specifically
: Wednesday, October 29, 2014 5:13 PM
To: RE-wrenches
Subject: [RE-wrenches] ITC for solar water pumping on a ranch
Does anyone know for certain if a homeowner can qualify for the 30% federal
solar tax credit (ITC) if the PV is used for direct water pumping out of a
well used for irrigation
Reading the code they removed the grid tie only and this opened the door
for off grid customers i would say its OK but i always recommend contacting
the customers tax accountant as they will sign right next to your customer
and they sometimes think different.
On Oct 29, 2014 2:13 PM, SunHarvest
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