27 Apr '12, 4pm

News from DSIRE: 4/27/12 | Interstate Renewable Energy Council

ARIZONA – SRP Residential PV Rebates Revived SRP will begin accepting residential PV rebate applications on May 1. The program has enough funding for 12 MW of residential PV for FY 2013, with two incentive step-downs built into the program as more systems come online. (No details yet on SRP’s non-residential PV incentives for FY 2013.) ARIZONA – REC Transactions Exempted from Sales Tax Arizona has exempted solar and wind energy systems from sales tax since 1997. However, the taxability of REC transactions has long been a gray area that the state legislature finally decided to clarify. Fresh legislation (SB 1229) enacted in April clarifies that REC transactions are not subject to the state’s sales tax. CONNECTICUT – ZREC, LREC Funding to be Announced Earlier in April, Connecticut approved the state’s two investor-owned utilities’ joint plan to procure RECs from zero-emissio...

Full article: http://www.irecusa.org/2012/04/news-from-dsire-42712/

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