Advance:
Solar, Hydro, Wind
Power, Inc.

For more information on Federal Tax Incentives got to the CSI Federal Tax Credit website.

For more information on California Incentives go to the California Solar Initiative Website. There is also more information at the PG&E Incentives page.

For Federal Tax information go to DSIREUSA.ORG website which has a database of all State and Federal Incentives. You can also download the Seia Tax Manual. We strongly suggest that you contact a tax professional before you buy.

Commercial Photovoltaic and Wind Power Systems:

• 30% Federal Investment Tax Credit - 30% of the Total Cost of the Installed System.

  The American Recovery and Investment Act of 2009 allows business owners to apply for a grant from the Treasury Department in lieu of the 30% Investment Tax Credit (ITC). This means that a cash grant, equal to 30% of the cost of eligible solar or wind projects, can be recouped by system owners.

  Projects must start construction in 2009 or 2010. Property that is not placed in service prior to December 31, 2010 qualifies for the grant program as long as construction begins prior to December 31, 2010 and is placed in service by January 1, 2017. Applications must be filed by October 1, 2011.

  The grant will be issued within 60 days of the solar or wind facility being placed in service or, if later, within sixty days of receiving a grant application. Other key details will be defined in the near future by the Treasury Department.

  This Tax Credit was extended by Congress until 2016.

• For Solar Systems up to 50kW the incentive is currently $1.55 per watt for Commercial customers paid by your Electric Service Provider. The system's size depends on equipment ratings and physical parameters such as tilt, orientation and shading. This incentive is called the Expected Performance Based Buydown or EPBB. A meter is required on the Inverter to verify the system's actual production and the data must be monitored and recorded.

• For larger Solar Power Systems the incentive will be paid monthly for 5 years based on the actual energy produced. This incentive is called Performance Based Incentives or PBI and is currently set at $0.15 per kWh produced, including the power that you use. Systems smaller than 50kW can opt for the PBI Incentive to spread the tax on the rebate over 5 years if they choose. All PBI customers must install a Performance Meter and contract with a Performance Monitoring and Recording Service for 5 years. Go to the CSI Trigger Tracker to get updated information on statewide solar reservation trigger status.

• There is also a CEC Incentive for Wind Grid Tie Systems of $2.50 per rated watt for the first 7.5kW and $1.50 per watt for the next 22.5kW. That amounts to a $22,500 rebate for a Utility Interfaced 10kW Wind Turbine System.

• Both CEC and Utility commercial rebates are considered taxable income by the IRS but not by California.

• Businesses can use Accelerated 5 year Depreciation on the Total Cost of the System less 1/2 of the Tax Credit.(85% of the System Cost)

• Newly constructed active solar systems are exempt from California Property Tax increases until 2017.

For Federal Tax information go to DSIREUSA.ORG website which has a database of all State and Federal Incentives. You can also download the Seia Tax Manual. We strongly suggest that you contact a tax professional before you buy.