Hi Peter,
1) Only the DOT grant alternative to the ITC is due to expire. SEIA is pushing for an extension. I couldn't be more impressed by this organization and would strongly encourage everyone in this industry to join. There are varying levels of membership and it costs some money but it is well worth it. They are very active in Washington and keep members updated with webinars on legislation, accounting, tax issues, etc. 2) Yes! Perhaps Michael can see the accounting / economics as part of the mechanics.. : > Conrad Cotuit Solar _____ From: re-wrenches-boun...@lists.re-wrenches.org [mailto:re-wrenches-boun...@lists.re-wrenches.org] On Behalf Of Peter Parrish Sent: Thursday, January 14, 2010 11:43 AM To: 'RE-wrenches' Subject: [RE-wrenches] Investment Tax Credit I have two questions about the Investment tax Credit (ITC). (1) I understand that it has an expiration date of December 31, 2010. If this is true, is it probable that it will be extended for another year or more? Asked another way, what are the chances that it will be allowed to expire? (2) Is it true that the project must only be started (e.g. installation actually started) before the end of the year to qualify? If this post should be on the Marketing list, I apologize in advance! - Peter Peter T. Parrish, Ph.D., President California Solar Engineering, Inc. 820 Cynthia Ave., Los Angeles, CA 90065 CA Lic. 854779, NABCEP T Cert. 031806-26 <mailto:peter.parr...@calsolareng.com> peter.parr...@calsolareng.com Ph 323-258-8883, Mobile 323-839-6108, Fax 323-258-8885
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