A recent IRS ruling confirms that batteries used to store solar electricity qualify for the 30% energy tax credit. At the same time, it imposes significant limits on the amount of the available credit if the battery also stores electricity drawn from the utility grid.
In PLR 201308005, the...IRS Confirms that Batteries Qualify for the Energy Tax Credit But Imposes Limitations
Friday, 19 April 2013
IRS Confirms that Batteries Qualify for the Energy Tax Credit But Imposes Limitations
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