Re: [RE-wrenches] 26% to 30% ITC for 2022?

>From everything I’ve read, “stand alone energy storage” is intended to mean a battery system that is not paired with PV. Both on grid and off grid systems can qualify for the tax credit. I’m not a tax advisor, but this is my understanding. There will be a period of time in the coming months where

Re: [RE-wrenches] 26% to 30% ITC for 2022?

-wrenches.org] *On Behalf Of *August Goers via RE-wrenches *Sent:* Monday, August 15, 2022 3:24 PM *To:* RE-wrenches *Cc:* August Goers *Subject:* Re: [RE-wrenches] 26% to 30% ITC for 2022? The way I read it is that standalone means energy storage without PV. So, the 30% credit for storage without PV won&#

Re: [RE-wrenches] 26% to 30% ITC for 2022?

The way I read it is that standalone means energy storage without PV. So, the 30% credit for storage without PV won't be available until next year. PV paired storage (where storage is charged from solar) at 30% should qualify back to the beginning of 2022. On Mon, Aug 15, 2022 at 2:04 PM Jason Sz

Re: [RE-wrenches] 26% to 30% ITC for 2022?

I'm confused about the standalone battery provision. Does that mean that batteries will not be eligible for a tax credit in 2022? Or does standalone mean something different than battery backup with solar? Jason Szumlanski Florida Solar Design Group On Mon, Aug 15, 2022, 4:32 PM August Goers via

Re: [RE-wrenches] 26% to 30% ITC for 2022?

This SEIA link has a PDF fact sheet you can download with info: https://www.seia.org/research-resources/inflation-reduction-act-solar-energy-and-energy-storage-provisions-summary August Luminalt On Fri, Aug 12, 2022 at 4:51 AM Dana Orzel via RE-wrenches < re-wrenches@lists.re-wrenches.org> wr

Re: [RE-wrenches] 26% to 30% ITC for 2022?

PV mag .02 on solar tax credit https://pv-magazine-usa.com/2022/07/28/solar-investment-tax-credit-to-be-extended-10-years-at-30/ Dana Orzel C: 208.721.7003 E- d...@solarwork.com > On Aug 12, 2022, at 4:54 AM, Jason Szumlanski via RE-wrenches > wrote: > >  > I have a trusted source here in F

Re: [RE-wrenches] 26% to 30% ITC for 2022?

I have a trusted source here in Florida that read the Senate Bill text and said it would be retroactive to 2022. The way I am handling it is telling people my prices will surely be more than 4% more in 2023. They would be shooting themselves in the foot by delaying their project. Jason On Fri,

[RE-wrenches] 26% to 30% ITC for 2022?

As we know, the FED tax credit will increase for 10 years (if it passes the House and signed into law) to 30%. But is it retro to calendar year 2022, or start in 2023? I have some customers making decisions based on this timing. Thanks. I found one interpretation suggesting it will be effective in