Comments on: Application program for 2024 low-income communities ITC bonus opens Q2 https://www.solarpowerworldonline.com/2024/04/application-program-for-2024-low-income-communities-itc-bonus-opens-q2/ Covering the world of solar power technology, development and installation. Tue, 07 May 2024 18:13:52 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Kelly Pickerel https://www.solarpowerworldonline.com/2024/04/application-program-for-2024-low-income-communities-itc-bonus-opens-q2/#comment-145428 Tue, 07 May 2024 18:13:52 +0000 https://www.solarpowerworldonline.com/?p=105459#comment-145428 In reply to Keegan.

We have not heard anything definitive yet.

]]> By: Keegan https://www.solarpowerworldonline.com/2024/04/application-program-for-2024-low-income-communities-itc-bonus-opens-q2/#comment-145427 Tue, 07 May 2024 17:19:31 +0000 https://www.solarpowerworldonline.com/?p=105459#comment-145427 Hi Kelly, Any update on the timing this year? Q2 of the calendar year is almost over and we’re wondering if they will delay.

]]> By: Kelly Pickerel https://www.solarpowerworldonline.com/2024/04/application-program-for-2024-low-income-communities-itc-bonus-opens-q2/#comment-144964 Wed, 03 Apr 2024 11:49:49 +0000 https://www.solarpowerworldonline.com/?p=105459#comment-144964 In reply to Lori Weiss.

A tax professional would be the best person to pose these questions to, but yes, the 2024 application process will be open sometime in Q2.

]]> By: Lori Weiss https://www.solarpowerworldonline.com/2024/04/application-program-for-2024-low-income-communities-itc-bonus-opens-q2/#comment-144958 Tue, 02 Apr 2024 19:51:06 +0000 https://www.solarpowerworldonline.com/?p=105459#comment-144958 Hello Kelly, I am on the board of a local nonprofit community art center in Burlington Iowa which is situated in a designated low-income community. We were approved for the low-income solar credit in 2023, but our category was maxed out quickly. Our solar installation was put in place on 3/27/24, and we expect to have approval from the local electric company within the next 4 – 6 weeks. My reading of the news regarding the 2024 program is that sometime during the 2nd quarter an announcement will be made to announce a start date for the new application process. Am I understanding this correctly? I assume that we are still qualified since we have not yet gotten on the grid. I’m glad to reapply for our nonprofit – fingers crossed. Any insight is sincerely appreciated! Lori Weiss, Art Center of Burlington, Iowa.

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