The Basics of Solar Tax Credits. Forrest Milder 617-345-1055 email@example.com. Herb Stevens 202-585-8811 firstname.lastname@example.org. © 2008. 1 – Solar Tax Credits. Solar credit is an investment tax credit (or ITC) Based on cost of facility Usually taken all in one year
When is a facility placed in service?
*Plus 5-year MACRS (and **Plus S/L depreciation 50% bonus depreciation if PIS in 2008)
Solar Tax Credit Investor
Solar Project Owner
Solar Credit Pass-through to Master Tenant