Using C-PACE to Finance Solar Panel Installation - ?Tax Credits?

3 Replies

Hello BP

Does anyone have experience financing solar panels with the C-pace program. 

My specific question is - If financed through C-PACE, does the owner still receive the federal tax credits? 

Who owns the Solar Panels? - Can the panels still qualify for bonus depreciation? 

Thank you!

Hi @Shane Ryan , Great question! Since C-PACE is just a means of financing your solar panels, you should still qualify for the 26% federal tax credit and the 100% bonus depreciation based on the 5 year MACRS depreciation schedule.

Originally posted by @Julio Gonzalez :

Hi @Shane Ryan , Great question! Since C-PACE is just a means of financing your solar panels, you should still qualify for the 26% federal tax credit and the 100% bonus depreciation based on the 5 year MACRS depreciation schedule.

Thank you for the helpful response Julio! I will look into this program more.