Tax Credits With Purchase of Leased PV System?

[Brandon O.]

Hello BP:

I recently purchased a home w/ an existing photovoltaic lease. The lease was not transferred in my name, and I refuse to take over the lease due to less than favorable contract terms.

I'm interested in purchasing the system and wondering if I'll be entitled to any state or federal tax credits?

The system was installed in late 2012.

I checked w/ two local CPAs and the solar company, and none of them had definitive answers.

Thank you!