INVESTMENT TAX CREDITS / CASH GRANTS & MODIFIED ACCELERATED COST RECOVERY SYSTEM (MACRS) BENEFITS

For Tax Equity Investors & Owners

ITC / Cash Grant represent 30% of total system cost
MACRS represent the capitalized cost (basis) of tangible property recovered over five years by annual deductions for depreciation
Combined as the largest components in investors’ ROI before assets are sold
Subject to risk of recapture during the course of first five years as a result of non-operation or change of ownership