Comments on: Groundbreaking Legislation by Congress Extends Solar Federal Tax Credit, Removes Cap! http://southcoastsolar.com/2008/10/20/groundbreaking-legislation-by-congress-extends-solar-federal-tax-credit-removes-cap/ Louisiana Solar Panel Installer for New Orleans, Baton Rouge, Lafayette, and the Northshore Fri, 08 Apr 2011 08:21:08 +0000 hourly 1 By: Butler Ives http://southcoastsolar.com/2008/10/20/groundbreaking-legislation-by-congress-extends-solar-federal-tax-credit-removes-cap/comment-page-1/#comment-59 Butler Ives Sun, 31 May 2009 21:00:48 +0000 http://www.southcoastsolar.com/?p=983#comment-59 This is wrong. Both federal and state credits are based on gross cost. Please consult your favrite CPA, and check out the resources under "Tax Credits" on our site. Butler Ives This is wrong. Both federal and state credits are based on gross cost. Please consult your favrite CPA, and check out the resources under “Tax Credits” on our site.

Butler Ives

]]> By: Dennis http://southcoastsolar.com/2008/10/20/groundbreaking-legislation-by-congress-extends-solar-federal-tax-credit-removes-cap/comment-page-1/#comment-58 Dennis Wed, 22 Apr 2009 17:56:54 +0000 http://www.southcoastsolar.com/?p=983#comment-58 My understanding is written into the Federal rebate bill, is they will give a 30% credit AFTER the other credits are taken... thus if you spend $25,000 on a system, and La gives you $12,500 credit, the Feds give you 30% of the remaining $12,500. Thus the total credit is only 65%. Is this correct? or am I wrong? My understanding is written into the Federal rebate bill, is they will give a 30% credit AFTER the other credits are taken… thus if you spend $25,000 on a system, and La gives you $12,500 credit, the Feds give you 30% of the remaining $12,500. Thus the total credit is only 65%.

Is this correct? or am I wrong?

]]> By: FilterForGood http://southcoastsolar.com/2008/10/20/groundbreaking-legislation-by-congress-extends-solar-federal-tax-credit-removes-cap/comment-page-1/#comment-57 FilterForGood Wed, 12 Nov 2008 15:30:54 +0000 http://www.southcoastsolar.com/?p=983#comment-57 [...] “The removal of the $2,000 cap on the Federal Investment Tax Credit, in addition to Louisiana’s 50% Tax Credit for residents and multi-family apartment owners, provides Louisiana residents an additional $5,500 in tax credits on a typical $25,000, 3kW residential solar energy system, which produces over 4,000 kilowatt hours annually of clean energy. Once the resident is reimbursed by federal and state tax credits on their annual tax returns, the final cost of a 3kW solar energy system is $5,000. An 80% combined tax credit is going to create a great deal of clean and green renewable energy in Louisiana,” said Von Otnott. From South Coast Solar Blog** [...] [...] “The removal of the $2,000 cap on the Federal Investment Tax Credit, in addition to Louisiana’s 50% Tax Credit for residents and multi-family apartment owners, provides Louisiana residents an additional $5,500 in tax credits on a typical $25,000, 3kW residential solar energy system, which produces over 4,000 kilowatt hours annually of clean energy. Once the resident is reimbursed by federal and state tax credits on their annual tax returns, the final cost of a 3kW solar energy system is $5,000. An 80% combined tax credit is going to create a great deal of clean and green renewable energy in Louisiana,” said Von Otnott. From South Coast Solar Blog** [...]

]]> By: Mike Harmon http://southcoastsolar.com/2008/10/20/groundbreaking-legislation-by-congress-extends-solar-federal-tax-credit-removes-cap/comment-page-1/#comment-56 Mike Harmon Mon, 20 Oct 2008 16:00:57 +0000 http://www.southcoastsolar.com/?p=983#comment-56 Where did you get your blog layout from? I'd like to get one like it for my blog. Where did you get your blog layout from? I’d like to get one like it for my blog.

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