Why the 1603 Treasury Grant Program Matters to #Solar and RE #wind #geothermal #biofuel

Why the 1603 Treasury Grant Program Matters to Solar and RE | UnThink Solar

renewableenergyworld.com 16 Mar '12, 4pm

Why the 1603 Treasury Grant Program Matters to #Solar and RE #wind #geothermal #biofuel

Last Tuesday, March 13, Congress failed to act to renew the 1603 Treasury Grant program, and that’s not only a loss for the entire solar industry, but other renewables too. Some may see 1603 as a program that only benefits large scale solar, but 1603 indirectly benefits the residential solar community, as well as solar thermal, and all other renewables. Without 1603, wind, geothermal, tidal energy — you name it — are all going to see declines in 2012 after any residual “safe harbors” have expired. Briefly, 1603 is a grant (cash) that is given to commercial and utility solar developers and owners instead of the renewable energy investment tax credit (ITC). Both the 1603 and the ITC are equal to 30 percent of the gross cost of the project and are taxable as business income. (I know, residential ITC is calculated differently, but not when it's sold through a solar PPA/lease.)...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2012/03...

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@EEU78028 » 19 Mar '12, 7pm
Why the 1603 Treasury Grant Program Matters to Solar and RE | UnThink Solar [link]
@CleanerUSA » 19 Mar '12, 6pm
Why the 1603 Treasury Grant Program Matters to #Solar and RE, by Tor "SolarFred" Valenza [link]
@TestyMic » 16 Mar '12, 11pm
PCNEnergy: Why the 1603 Treasury Grant Program Matters to Solar and RE [link]
@JigarShahDC » 16 Mar '12, 10pm
RT @SEIA: Why the 1603 program is so important for #renewables via @REWorld. [link] #solar #green #energy
@SEIA » 16 Mar '12, 10pm
Why the 1603 program is so important for #renewables via @REWorld. [link] #solar #green #energy
@megcichon » 16 Mar '12, 8pm
Why the 1603 Treasury Grant Program Matters to Solar and RE [link] via @reworld @SolarFred
@HughDaschbach » 16 Mar '12, 5pm
RT @SolarSanAntonio: RT @freehotwater: Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel
@EcoOutfitters » 16 Mar '12, 4pm
TY Tor, good info! RT @SolarFred: Why the 1603 Treasury Grant Program Matters to #Solar & RE [link] #wind #geothermal #biofuel
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RT @freehotwater: Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel
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Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel
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RT @SolarFred: Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel
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RT @SEIA: Why the 1603 program is so important for #renewables via @REWorld. [link] #solar #green #energy
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RT @SolarFred: Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel
@SolarFred » 16 Mar '12, 4pm
Why the 1603 Treasury Grant Program Matters to #Solar and RE [link] #wind #geothermal #biofuel