What is Going on with the Xcel Rebates lately [Video]

2 Comments

1. cbdh19

   Posted November 4, 2009 at 11:01 AM

   Hi Dave,
   Ken’s discussion of the Federal Tax Credit made me a bit anxious.

   Have you already gone through installing your system and the whole tax credit?

   If so, did the IRS give you a 30% tax credit based on the before Xcel rebate cost, or the after Xcel rebate cost?

   Obviously, there’s a huge difference in amount of tax credit one gets.

   And, of course, REC Solar, and other solar companies, are putting in numbers into their estimates for customers based on the 30% Federal Tax Credit being based on the before Xcel rebate cost of the system.

   Sure hope that’s what the IRS actually is doing..

2. Dave

   Posted November 4, 2009 at 3:35 PM

   Very good question. Perhaps I should interview someone from the IRS on that question.