This report uses a cash flow model to analyze the economic value of EPAct 2005's new and expanded federal PV tax credits under a variety of situations, including: whether the system is for residential or commercial use; system size; the tax status of the system owner; whether or not the IRS considers grants made by state and utility PV programs to be taxable income; and finally, whether state and utility PV incentive programs move to capture some of the value of EPAct's credits by reducing grant size.
This report uses a cash flow model to analyze the economic value of EPAct 2005's new and expanded federal PV tax credits under a variety of situations, including: whether the system is for residential or commercial use; system size; the tax status of the system owner; whether or not the IRS considers grants made by state and utility PV programs to be taxable income; and finally, whether state and utility PV incentive programs move to capture some of the value of EPAct's credits by reducing grant size.
Links:
[1] http://www.energycentral.com/download/products/EPAct_2005_Tax_Credits.pdf