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I have heard that people are claiming a tax credit versus the total system cost (including subsidy) pending IRS clarification. Do you know if any IRS decision has yet been made?

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I have heard that people are claiming a tax credit versus the total system cost (including subsidy) pending IRS clarification. Do you know if any IRS decision has yet been made?

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We can’t give tax advice (sorry I know I’ve said that 30 times on this page) but my understanding is the tax credit should be based on your out of pocket costs. In all other markets solar is quoted this way, Phoenix is, for some reason, the only anomaly where companies quote it on the GROSS cost. REC solar does not do this, they will quote the tax benefits the same way that we would and do on our estimate tool (30% of out-of-pocket).

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