Question:

If a property owner is putting a new roof on their building while adding their solar system, can the cost of the roof be included in the 30% ITC credit? Additionally, if a ground mounted system requires fence, can the cost of the fence be included in the 30% ITC credit?

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Question:

Hello!
In a previous post you discuss how solar providers can set up lease arrangements with nonprofits, which will allow the solar provider to take advantage of the federal investment tax credit. However our accountant has advised us that the type of lease arrangement you discuss – with an option to purchase after five years – would be considered a capital lease and as such the tax credits would flow not to the solar provider but the nonprofit entity (who, of course, could not use them). This is backed up with definitions from the following website. Any thoughts?

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Question:

I have a solar power project using Uni-Solar thin-film peel and stick solar panels applied directly to a new TPO roof structure. I want to confirm the eligibility of the new TPO roof as a solar support structure, being the Uni-Solar product is directly applied to this roofing material. I have additional counsel who have said that the cost of the roof is eligible for the federal 30% ITC or the SB1603 U.S. Treasury Grant in Lieu of the ITC, since it is used as the structure that holds the solar panel to the roof.  Is there any language I can share with our client to verify and confirm this premise? Appreciate any references you can provide. Thanks, Tim Owens

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Question:

What is the legal process to submit an application for the Grant in Lieu of the Federal 30% ITC for solar. I am hearing all kinds of stories that you need to have an independent accountant involved for verification, etc, etc.

Would appreciate your take on this.

Thanks,
Tim Owens, Managing Partner, EDGE Energy

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