The Federal Tax Credits Blog

Question: ROI for Solar Panels?

I live in California and there are both state and federal tax credit programs to encourage use of solar power. When taking this into account and current PG&E rates how many years before the return on investment make this worthwhile?

Answer: I can’t answer this for you as I’m not in CA, but I would like to let you know about a company that will rent the panels to you for no upfront investment. They install and maintain them for you at no additional cost. The rental rate is based on the amount of power the panels produce so you don’t pay for more power than you need. And the rental rate is tied to the published rates of the utility, in your case PG&E and what you pay will be the same or less than what you pay now and can be locked in for 25 years. I’ve signed up with them and expect the panels to be delivered in Sept/Oct ‘07. If you want more info about this email me: bullshoalsblues@yahoo.com

Hedge Tax, Ratings Competition, Milan Sues Banks: Compliance

May 7 (Bloomberg) — An increased tax on executives at hedge funds and private equity firms will probably be included in legislation extending jobless benefits and a number of tax cuts, the House’s top tax-writer said.

More about tax deductions: software credits available!

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