1603 Investment Tax Credit (ITC) Grant-In-Lieu To Be Extended For 2 Years Providing Significant Upside To Solar Farm Investment

Within the United States in 2011, solar farm demand may be estimated to attain 1750MW driven by the utility scale installations. Because of a 15% year over year fall in solar panel prices per watt, unsubsidized solar array install costs will likely slide to $5-$6/watt with regard to small commercial scale not to mention $3.75-$4 for utility scale, which experts claim should help drive the US sector demand up 119% yoy in 2011 versus eight hundred megawatts in '10. Based on brand-new developments in energy policy legislation, Commercial Solar Design points to significantly greater likelihood regarding an extension of treasury real money grant-in-lieu of thirty percent ITC (investment tax credit), which in turn could add tremendously to the upside regarding our outlook and help to increase solar farm investment substantially.

Non-residential installations definitely will gain an increased share of the U.S. solar farm marketplace with 76% of the marketplace in 2011, way up from sixty nine percent in 2010 (136% yoy). Due to the regulatory landscape, while the key comprehensive energy reform bill seems to be taken off the table, a new "domestic manufacturing and energy jobs" bill introduced in the US House of Representatives in late July put forth an extension of the cash grant-in-lieu for 30 % ITC (investment tax credit) . Commercial Solar Design is simply saying that there does exist a greater chance of passage of this bill in congress after the United States Congress assembles after the August recess. This valuable bill is subsequently expected to possibly be merged with the unfinished energy bill in the the US House of Representatives or might be attached to the tax extender's bill down the road in 2010. Overall, passage of sustainable energy tax credits is high on the agenda of tax committees in the United States Congress.

The discussion draft connected with "Domestic Manufacturing and Energy Jobs Act of 2010" unveiled within the last week of July verifies the fact that the extension of the real money grant program for 2 years is the key solar energy idea contained in the bill. This draft limits the very much anticipated global warming bill including "cap and trade" and a national Renewable Portfolio Standard (RPS). This kind of watered down version of the "energy" bill is anticipated to be enacted in the US House of Representatives when Congress picks up after the August recess the week of September thirteenth. Nevertheless solar farm investment can certainly continue because of acceptable internal rate of return (IRR) with or without a 1603 extension

The Treasury cash grant-in-lieu of the thirty percent investment tax credit (ITC) program was developed in August 2009 that provides an upfront real money grant equal to thirty percent of the applicable project cost to the solar energy building contractors and also developers and including commercial and utility scale projects. A significant majority of the contractors and developers don't have taxable income make use of the 30% ITC, therefore, the real money grant program was obviously a significant incentive for the solar farm contractors/developers. Considering the fact that there was an absence of clarity around the taxability of the real money grant through late April the incentive ended up being underutilized.

The Treasury real money grant program has been a major economic success and extension of the program will provide significant benefit to solar farm investment and demand approximations in 2011.

1603 Investment Tax Credit (ITC) Grant-In-Lieu To Be Extended For 2 Years Providing Significant Upside To Solar Farm Investment
Commercial Solar Design is suggesting that there is a greater likelihood of passage of this bill in Congress when the Congress assembles after the August recess.

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1603 ITC (Investment Tax Credit) Grant-In-Lieu Should Be Extended For 2 Years Delivering Critical Benefit To Solar Farm Investment

1603 Investment Tax Credit (ITC) Grant-In-Lieu May Be Extended For Two Years Offering Important Benefit To Solar Farm Investment

U.S. Sustainable Energy Strategy - A Byzantine Mix Of Tax Benefits, Refunds, State Level Mandates, Limiting Solar Farm Investment.

American Renewable Energy Approach - A Byzantine Mix Of Tax Incentives, Discounts, State Government Mandates, Slowing Solar Farm Investment.

A Short Analysis Describing The United States Energy System From Neighborhood Electrical Power Plants To Large Centralized Plants And Solar Farm Investment

A Quick Analysis Detailing The US Electrical Power Distribution From Community Electricity Facilities To Large Centralized Plants And Solar Farm Investment

A Quick Analysis Describing The United States Electric Power System From Local Electrical Power Generators To Large Centralized Plants And Solar Farm Investment

A Quick Analysis Describing The United States Electric Power System From Neighborhood Electric Power Plants To Large Centralized Plants And Solar Farm Investment

A Brief Summary Describing The US Energy Distribution From Local Energy Plants To Large Centralized Plants And Solar Farm Investment

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