ASK THE EXPERTS: Tax Credit for Community Solar

Beginner
Celebrating a community solar project.

On page 2 of HP170, Claire Anderson’s piece refers to a “recent ruling by the IRS” allowing an owner in a community shared solar array to claim the 30% tax credit.

I’d like to know more about this ruling, so I can determine if I could claim it. Does the ruling have identifying information, a date, number, office, or anything associated with it. Who could I ask other than a tax accountant? How did you find out about it?

My electric utility, a rural electric cooperative, installed a community PV array last year and sold shares in it. I bought a share and would be pleased to buy more— especially if I could claim the tax credit.

Thanks for your help and for your great magazine.

Glenn Heins • via homepower.com

The ruling was for an individual case, so may not widely apply, but could set an important precedent for other rulings to follow. See: bit.ly/SharedSolarIRS for further info.

You should still consult with a tax expert. However, perhaps the Clean Energy States Alliance (CESA), as well as other community solar advocacy groups could also provide you with information and leads.

Claire Anderson • Home Power Managing Editor

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