Harnessing Solar Energy for Broiler Chicken Production

University of Delaware Photovoltaic Poultry House Project


An Investment and Cost Guide for Delaware Poultry Growers

 

Appendix B: Federal Commercial Solar Tax Credit

 

The commercial solar tax credit is 30% of the “tax credit basis” (product plus installation, with no upper limit) that a company has invested in “eligible property” that is “put into service”. [1]  Projects put into service from 2009 until the current legislation expires on December 31, 2016 are eligible for the tax credit.  Advice of a tax accountant is strongly suggested in determining your eligibility for the commercial solar tax credit.

 

For projects that commence construction before the end of 2010 (with at least 5% of construction expenditures made), interested persons can apply to receive a treasury grant, in lieu of waiting until the end of the year to apply for the tax credits.  Seek the advice of a tax account for more information.

 


[1] Section 48(a)(3) of the Internal Revenue Service (IRS) tax code.

  • Forms

  • You will either need to file form 3468 Investment Credit or 5695 Residential Energy Credits with your tax return. Advice of a tax accountant is strongly suggested.
  • IRS Form 3468
  • IRS Form 5695

 

For more information about the Federal Commercial Solar Tax Credit, see page 22 in the Investment and Cost Guide.