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Federal Regs/Incentives


March 7, 2011 | Posted by Winefsky, Josh | Permalink

Section 1603 of the American Recovery and Reinvestment Act of 2009, enacted in February 2009, created a grant program applicable to new installations of certain energy property, including solar property (e.g.,  equipment used to generate electricity, or provide heating, cooling or illumination).  The grant program was due to expire at the end of 2010.  Fortunately, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, enacted in December 2010, extended the program through 2011.  This post explores the intracies of Section 1603, as it applies to solar property.

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