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diy solar

Current solar tax credits, eligible purchases and upgrades

Yes, indeed, now there is an excellent federal program in the United States related to the federal tax credit for the purchase of solar energy. They say that with the timely payment of this loan, you will be able to get a reduction in the interest rate every month. Do you think it would be advisable to take it? I saw one guy here already did it. I will be glad to receive feedback. And yes, will you need paychecks? I recently generated them using ThePayStubs.
 
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I don't know, but I think you can only get the tax credit if you purchased a system from a professional company that installs them. for Thousands of dollars of course!

I too would like to know if us DYI guys/gals could get the tax credit if we installed our system ourselves.
 
Jim Burrow said:
I too would like to know if us DYI guys/gals could get the tax credit if we installed our system ourselves
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I am not a tax professional. I gave the numbers from my self install to my tax professional and he did not ask nor was there anywhere on the form that said "professional" install was required.
 
Jim Burrow said:
I don't know, but I think you can only get the tax credit if you purchased a system from a professional company that installs them. for Thousands of dollars of course!

I too would like to know if us DYI guys/gals could get the tax credit if we installed our system ourselves.
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I'm always leery of internet information. I'll ask my local bartender instead. :)
 
Jim Burrow said:
I don't know, but I think you can only get the tax credit if you purchased a system from a professional company that installs them. for Thousands of dollars of course!

I too would like to know if us DYI guys/gals could get the tax credit if we installed our system ourselves.
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26% tax credit this year for DIYer or professional install. Only stipulations are must be new (not used) and you can't count DIY personal labor.
 
Jim Burrow said:
I don't know, but I think you can only get the tax credit if you purchased a system from a professional company that installs them. for Thousands of dollars of course!

I too would like to know if us DYI guys/gals could get the tax credit if we installed our system ourselves.
Click to expand...
Who didn't know that if you get a professional to install a solar system for you, you can get tax credit? You?
 
If the panels are used (offgrid system) but the other things are new, can we qualify on the new items? Used panels are cheap, but I don't trust used batteries or inverters (outside of being sold somewhere like here maybe).
 
See the latest draft form from IRS on tax rebate
Used solar equipment including solar panels are not qualified for 30% rebate. If you want claim the rebate without the solar panels, how would you justify you have a solar system installed? IRS may just consider it as incomplete system,
 
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SYKSolar said:
See the latest draft form from IRS on tax rebate
Used solar equipment including solar panels are not qualified for 30% rebate. If you want claim the rebate without the solar panels, how would you justify you have a solar system installed? IRS may just consider it as incomplete system,
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Several people who filed in previous years said they just gave totals, no receipts. My guess would be $ amount claimed drives likeyhood of audit
 
Mithril said:
Several people who filed in previous years said they just gave totals, no receipts. My guess would be $ amount claimed drives likeyhood of audit
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So that form seems to say that there is a total lifetime limit of $500? I feel like I'm reading that part wrong?

You may be able to take a credit of 30% of your costs of qualified solar electric property,[...]. Include any labor costs properly allocable to the onsite preparation, assembly, or original installation of the residential energy efficient property and for piping or wiring to interconnect such property to the home.
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Qualified solar electric property costs. Qualified solar electric property costs are costs for property that uses solar energy to generate electricity for use in your home located in the United States.[...] The home doesn't have to be your main home.
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I don't see anywhere in that draft that defines that it must be for a complete system, that it cannot add on to an existing system, or that any part of the system cannot be used (other than that such used items would themselves be ineligible).
 
Used equipment is not eligible because it could have already been part of a rebate claim with its original purchase. Although I think that there should still be an incentive to keep working equipment out of the landfills.
 
So what is a "qualified Fuel cell", Is that a battery?

"Qualified fuel cell property costs. Qualified fuel cell property costs are costs for qualified fuel cell property installed on or in connection with your main home located in the United States. Qualified fuel cell property is an integrated system comprised of a fuel cell stack assembly and associated balance of plant components that converts a fuel into electricity using electrochemical means. To qualify for the credit, the fuel cell property must have a nameplate capacity of at least one-half kilowatt of electricity using an electrochemical process and an electricity-only generation efficiency greater than 30%."
 
Most fuel cells take hydrogen as fuel. That must be pure; contaminants like hydrogen monoxide will poison them.
Some fuel cell cars are available.

There are high temperature "reformer" fuel cells which run on natural gas, can produce electricity and heat for the house (CHP, Combined Heat and Power), which I guess is evil because natural gas releases carbon monoxide. Better than spraying steam on coal to create "town gas" (H2 + CO), however (and that needs the CO removed.)

What I have not found is a life-cycle cost per kWh (and BTU) considering lifespan of fuel cell as well as cost of fuel (and any maintenance.)

Fuels are going up in price. Maybe, with a hydrogen storage mechanism, these could be attractive for rooftop PV users as net metering gets killed off.

www.chapmanplumbers.com

Hydrogen Fuel Cell in your home! Vitovalor 300P price and how much it returns?

What is Hydrogen Fuel Cell technology, and why would I want it? How much is a Vitovalor 300P CHP boiler and how much does it return?
www.chapmanplumbers.com www.chapmanplumbers.com


huadehydrogen.en.made-in-china.com

[Hot Item] 7.5kw Water Heater + 5kw Power Generator Combined Heat & Power Unit

After-sales Service: Lifetime Warranty: 1 Year(Free) or 10 Years(Optional) Type: Fuel Cell Heating Equipment Certification: CE Structure: Vertical Type Brand: Huade Hydrogen
huadehydrogen.en.made-in-china.com

www.carscoops.com

Honda Unveils Clarity Fuel Cell With 700 KM Driving Range, Prices It From $63,630 In Japan | Carscoops

This is the Honda Clarity Fuel Cell, an all-new production vehicle that will rival the Toyota Mirai. Unveiled at the Tokyo Motor Show, the Clarity Fuel
www.carscoops.com www.carscoops.com

www.ebay.com.au

Air Breathing Fuel Cell PEMFC Hydrogen Power Fuel Cell Proton Exchange Membrane | eBay

Hydrogen Fuel Cell Solar Power Generation Module Hydrogen Fuel Stack Educational. l Hydrogen pressure: 0.03-0.06mpa. l Hydrogen consumption: 8L/min. Laptop Accessories include laptop AC adapter, portable laptop table, laptop drives and dvd burners.
www.ebay.com.au
 
timselectric said:
Used equipment is not eligible because it could have already been part of a rebate claim with its original purchase. Although I think that there should still be an incentive to keep working equipment out of the landfills.
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I never said it was. I said based on my reading and interpretation of the current IRS draft, that a given system doesn't need to be 100% new in any sense of the word. So from what I can tell both adding to an existing system and a system with mixed new and used parts would be fine so long as you only *claim* the new parts for the credit.
 
Mithril said:
I never said it was. I said based on my reading and interpretation of the current IRS draft, that a given system doesn't need to be 100% new in any sense of the word. So from what I can tell both adding to an existing system and a system with mixed new and used parts would be fine so long as you only *claim* the new parts for the credit.
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I never said that you said it was. lol
And I agree with you.
 
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