Webinar: Federal Residential Tax Credit Eligibility for Community-Shared Solar Panel Owners
In August 2015, the IRS ruled that a particular owner of PV panels in an offsite, community-shared solar array is eligible for the residential tax credit under section 25D of the U.S. tax code. While the IRS’s ruling is only legally applicable to the individual taxpayer in question—a solar panel owner in Boardman Hill Solar Farm, a member-managed 150 kW off-site solar array in Vermont—the ruling may open up project opportunities for direct ownership of community-shared solar systems by multiple individuals. On this webinar, Foley Hoag attorneys Adam Wade and Nicola Lemay will discuss the recent IRS ruling and its implications.
More information and resources related to this ruling are available at http://www.cesa.org/about-us/member-news/newsitem/IRS-Community-Shared-Solar-PLR.
This webinar is a presentation of the Clean Energy States Alliance. For more information, visit www.cesa.org.
This webinar is free to attend, but registration is required.