My company has been installing PV solar systems on residential roof tops for several years. Recently, a large church approached us and asked us to install a solar system on their rooftop and then have us lease the system to them over a few years.
As the economy begins to pick up again, we would love to expand our business into this growing market, but are concerned that doing business with non-profit organizations, or even leasing systems to them, may exempt us from enjoying the 30% grant opportunity (under Section 1603) from the federal government.
Could you please clarify if we are eligible for the 1603 grant if we lease a solar system to a non-profit organization?
|Tags: 1603 grant, grant, installing solar panels, leasing, non profit organization, non-profit, roof tops, rooftop, solar PV, solar systems||[ Permalink ]|