Exploring the Economic Value of EPAct 2005’s PV Tax Credits

Mark Bolinger and Ryan Wiser, LBNL, and Edwin Ing, Law Offices of Edwin T.C. Ing. March 2006. Updated February 2007.

This CESA - LBNL Case Study examines how much economic value do new and expanded federal tax credits really provide to PV system purchasers, and what implications might they hold for state/utility PV grant programs. The report begins with a discussion of the taxability of PV grants and their interaction with federal credits, as this issue significantly affects the analysis that follows. We then calculate the incremental value of EPAct’s new and expanded credits for PV systems of different sizes, and owned by different types of entities. The report concludes with a discussion of potential implications for purchasers of PV systems, as well as for administrators of state/utility PV programs.

Download the document
File Format: PDF
Source: Clean Energy States Alliance