But who wants to take all that income with no expenses for 2025? I might do it for a handful but not too many. The accrual detail is crucial. Time to call the CPA!
Aloha, Lou Russo Spree Solar Systems LLC C-34322 On Thu, Jul 17, 2025 at 12:20 PM Marco Mangelsdorf via RE-wrenches < [email protected]> wrote: > That's my/our understanding as well, Kirk. > > What's still unclear to me is whether any unused tax credit $$ accrued in > 2025 can be rolled forward as was possible in previous years. > > Any opinions out there on this? > > Mahalo, > marco > > On Thu, Jul 17, 2025 at 10:08 AM Kirk Herander via RE-wrenches < > [email protected]> wrote: > >> >> Residential tax credit: >> >> >> https://pv-magazine-usa.us13.list-manage.com/track/click?u=2790e780a1533f4bc05c8679a&id= >> <https://pv-magazine-usa.us13.list-manage.com/track/click?u=2790e780a1533f4bc05c8679a&id=f0c9594dad&e=08687aaaf2> >> >> Apparently, the bills wording allows a full purchase or procurement of a >> residential system to be eligible for the tax credits if purchased before >> they expire at the end of 2025. Systems do not need to be installed before >> the end of the year. >> >> If accurate, no “placed in service” 2025 deadline. >> >> “With respect to the Jan 2026 end of Section 25D(residential tax credit), >> experts agree that the determination of whether a homeowner qualifies has >> shifted from the previous “placed in service” test to the bill’s new >> “expenditures made” test.” >> >> “If the homeowner pays for the installation in 2025, they could lock in >> the credit, even if the system is placed in service later,” said Bryen >> Alperin, Partner & Managing Director at Foss & Company." >> >> >> >> >> >> >> *Kirk Herander / **[email protected] <[email protected]>* >> >> *Owner|Principal, VT Solar, LLC* >> >> *Celebrating our 34st Anniversary 1991-2025!!* >> >> dba Vermont Solar Engineering >> >> 802.559.1225 >> >> >> On Thu, Jul 17, 2025 at 11:04 AM Harry Mahon via RE-wrenches < >> [email protected]> wrote: >> >>> This might be related to the technical correction to wording of 48E on >>> percentages of domestic content?? >>> >>> >>> >>> - Correction to Domestic Content Percentages Under 48E: The domestic >>> content applicable percentage under 48E for qualified facilities and >>> energy >>> storage technology would be revised to match current 45Y as follows: >>> - 40% (or 20% for offshore wind) if construction begins before >>> June 16, 2025; >>> - 45% (or 27.5% for offshore wind) if construction begins after >>> June 16, 2025, and before Jan. 1, 2026; >>> - 50% (or 35% for offshore wind) if construction begins during >>> 2026; and >>> - 55% if construction begins after Dec. 31, 2026. >>> >>> >>> >>> >>> >>> This content percentage wont matter to residential system owners – 25D >>> still goes away at EOY, no domestic content requirements... >>> >>> Only folks leasing systems can get the credit, THEN domestic content >>> matters. PV Magazine has good summary article. >>> >>> >>> https://pv-magazine-usa.com/2025/07/10/what-the-budget-bill-means-for-energy-storage-tax-credit-eligibility/ >>> >>> >>> >>> Wannabe residential battery owners will likely feel the most immediate >>> impact of the OBBB. >>> >>> Updates to the 25D residential solar tax credit, which covers solar >>> panels, solar water heaters and related property like home battery storage >>> systems, have significantly shortened the timeline for homeowners to access >>> the credit. >>> >>> Now, home batteries will only qualify for the 30% tax credit if they’re >>> purchased and installed by the end of the year before the credit phases out >>> entirely. >>> >>> There is a bright spot: residential systems leased from third parties >>> will remain eligible for tax credits beyond 2025, as they rely on 48E >>> instead of 25D. >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> >>> *Michael Mahon* (he/him) >>> Solar Academy Manager | SMA America >>> >>> +1 916 918 9412 >>> SMA America <https://www.sma-america.com/> | Solar Academy >>> <https://solaracademy.sma.de/en/> | TechTip Channel >>> <https://www.youtube.com/playlist?list=PLoiOll7F4i-_Wc4JVN8ga2x2vxc8xews_> >>> | Upcoming Academy Trainings >>> <https://solaracademy.sma.de/en/courses.html?filter%5b1%5d=English&filter%5b2%5d=United%20States> >>> >>> >>> <https://www.sma-america.com/products/hybrid-inverters/sunny-boy-smart-energy> >>> >>> This email and any attachments thereto may contain SMA America, LLC >>> confidential, privileged and private material for the sole use of the >>> intended recipient. Any review, copying, or distribution of this email (or >>> any attachments thereto) by others is strictly prohibited. If you are not >>> the intended recipient, please contact the sender immediately and >>> permanently delete the original and any copies of this email and any >>> attachments thereto. Thank you. >>> >>> >>> >>> *From:* RE-wrenches <[email protected]> *On >>> Behalf Of *scot.arey--- via RE-wrenches >>> *Sent:* Thursday, July 17, 2025 8:11 AM >>> *To:* RE-wrenches <[email protected]> >>> *Cc:* [email protected] >>> *Subject:* [RE-wrenches] Is there a domestic content reqt for batteries >>> effective now? For Residential? >>> >>> >>> >>> >>> >>> >>> >>> I consider myself mostly pretty aware of policy issues that effect >>> business but this paragraph in a Seeking Alpha investment article caught my >>> eye. Is there a new domestic content reqt for batteries in residential >>> installations? >>> >>> >>> >>> "The higher domestic content batteries comply with the new requirement >>> in the U.S. federal budget law, which retroactively enforces a 45% >>> U.S.-sourced materials threshold for solar and battery products starting >>> June 16, 2025." >>> https://seekingalpha.com/news/4468352-enphase-energy-begins-shipments-of-iq-battery-5p-with-higher-domestic-content#source=first_level_url%3Aportfolio%7Ccontent_type%3Aall%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1 >>> >>> >>> <https://seekingalpha.com/news/4468352-enphase-energy-begins-shipments-of-iq-battery-5p-with-higher-domestic-content#source=first_level_url%3Aportfolio%7Ccontent_type%3Aall%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1> >>> >>> Enphase Energy begins shipments of IQ Battery 5P with higher domestic >>> content - Seeking Alpha >>> <https://seekingalpha.com/news/4468352-enphase-energy-begins-shipments-of-iq-battery-5p-with-higher-domestic-content#source=first_level_url%3Aportfolio%7Ccontent_type%3Aall%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A1> >>> >>> Discover Enphase Energy's new IQ Battery 5P with increased U.S.-sourced >>> materials, complying with updated federal standards. >>> >>> seekingalpha.com >>> >>> >>> >>> Wanting to make sure I'm not setting up this years customers for issues >>> getting the 30% Federal tax credit/ >>> >>> >>> >>> >>> >>> *Howard "Scot" Arey* >>> >>> *Owner, Solar CenTex* >>> >>> >>> >>> NABCEP PV Installation Professional >>> >>> TECL 29755 >>> >>> 254-300-1228 >>> _______________________________________________ >>> List sponsored by Redwood Alliance >>> >>> Pay optional member dues here: http://re-wrenches.org >>> >>> List Address: [email protected] >>> >>> Change listserver email address & settings: >>> http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org >>> >>> There are two list archives for searching. When one doesn't work, try >>> the other: >>> https://www.mail-archive.com/[email protected]/ >>> http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org >>> >>> List rules & etiquette: >>> http://www.re-wrenches.org/etiquette.htm >>> >>> Check out or update participant bios: >>> http://www.members.re-wrenches.org >>> >>> _______________________________________________ >> List sponsored by Redwood Alliance >> >> Pay optional member dues here: http://re-wrenches.org >> >> List Address: [email protected] >> >> Change listserver email address & settings: >> http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org >> >> There are two list archives for searching. When one doesn't work, try the >> other: >> https://www.mail-archive.com/[email protected]/ >> http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org >> >> List rules & etiquette: >> http://www.re-wrenches.org/etiquette.htm >> >> Check out or update participant bios: >> http://www.members.re-wrenches.org >> >> _______________________________________________ > List sponsored by Redwood Alliance > > Pay optional member dues here: http://re-wrenches.org > > List Address: [email protected] > > Change listserver email address & settings: > http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org > > There are two list archives for searching. When one doesn't work, try the > other: > https://www.mail-archive.com/[email protected]/ > http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org > > List rules & etiquette: > http://www.re-wrenches.org/etiquette.htm > > Check out or update participant bios: > http://www.members.re-wrenches.org > >
_______________________________________________ List sponsored by Redwood Alliance Pay optional member dues here: http://re-wrenches.org List Address: [email protected] Change listserver email address & settings: http://lists.re-wrenches.org/options.cgi/re-wrenches-re-wrenches.org There are two list archives for searching. When one doesn't work, try the other: https://www.mail-archive.com/[email protected]/ http://lists.re-wrenches.org/pipermail/re-wrenches-re-wrenches.org List rules & etiquette: http://www.re-wrenches.org/etiquette.htm Check out or update participant bios: http://www.members.re-wrenches.org
