Key Details of the Bill: ~Extends the ITC for all residential and commercial solar and fuel cell equipment for 8 additional yrs. ~Modifies the residential and commercial tax credit for photovoltaics to $1,500 per half kilowatt ~Removes the 30% cap for commercial photovoltaics installations and the $2,000 cap on residential photovoltaic installations. ~Provides AMT relief for fuel cells and solar. ~Provides 3-year accelerated depreciation for commercial solar and fuel cell projects.
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rik langham, India6 years ago Comments: Well done an excellent start. Rik From Scotland
John Ott, United States7 years ago Comments: Please retain and extend the investment tax credits in HR550. This is crucial to our nation's future. Europe and other countries are steadily advancing in these areas while the U.S. languishes.
David C. Tarsi, United States7 years ago Comments: We need this incentive to overcome the resistance to installing renewable sources of energy. Solar does work and needs some help tp develop just like other energy sources.
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