Is the credit to my bill taxable income? Is the annual account settlement taxable?
The credit to your bill is not taxable. Whether or not the annual account settlement (which is the payment the utility would make via a check at the end of the year long period as a "bill true-up") is taxable is still pending an IRS consideration. Subscribers should consult their own accountant/attorney.

Show All Answers

1. What is Community Solar?
2. Where did the name Community Solar Gardens come from?
3. Do I subscribe upfront? Is it a one-time subscription?
4. What am I purchasing when I become a subscriber?
5. How much can I buy?
6. How much does it cost?
7. What if I start using more energy?
8. What happens to my subscription if I move?
9. Who can participate?
10. Will my energy bill go up, down, or stay the same?
11. Can I claim that my home or business is solar powered?
12. Is the credit to my bill taxable income? Is the annual account settlement taxable?
13. How do I choose a developer?
14. What makes for a good Host Site?
15. Can a host site use energy generated on its roof (or a portion of it)?
16. What is the role of Finance?
17. What is the role of the Utility?
18. What is a Site Assessor?
19. What do the Outreach Partners do?
20. What are the Solar Gardens by Utility Territory & CERT region?
21. How can I subscribe to a community solar garden?
22. What are the Subscriber Requirements?