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On January 1, 2006, an investment tax credit for utilizing solar
went into effect. IRS form 3468 line 2b allowed for a 30% tax credit
for investing in solar. The solar panel and the batteries are all
part of a solar system on the vehicle. Currently the 30% Federal
tax credit has expired but we were told it is being reviewed for renewal.
Click here for the IRS Form 3468
Also some states will allow additional tax credits and sales tax
exemptions such as California, Arizona, and Florida.
Please check with you local state
Currently the 30% Federal tax credit has expired but we were told it is being reviewed for renewal. Visit
www.dsireusa.org for constant updates on State and Federal Incentives.
Check with your tax advisor for more information about which tax
credits will apply for your business!
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