July 9, 2015 |
By
Keith Martin in Washington, DC
REFLECTIVE ROOF surfaces installed to reflect sunlight to the underside of bifacial solar panels qualify for a federal investment tax credit, but the tax credit can be claimed only on the incremental cost of the roof surface above the cost of a non-reflective roof, the IRS said. The IRS made the statement in a private letter ruling released to the public in June. The ruling is Private Letter Ruling 201523014.
