1. Presented by: Terra Van Zant, CPA Tax Incentives for Solar Property Improvements 2880 GATEWAY OAKS DRIVE, STE. 100 | SACRAMENTO, CA 95833 | (916)646-6464 | GILBERTCPA.COM

2. Residential Energy Efficient Property Credit (REEP credit) 30% of the cost of eligible solar electric property Solar water heaters Fuel cell property Small wind energy property Geothermal heat property

3. Eligible Costs Solar electric property costs are eligible for the credit if they meet the following criteria: For a dwelling unit within the U.S. For a property that uses solar energy to generate electricity For a property that is the residence of the taxpayer

4. Eligible Costs Costs for equipment Labor costs from the onsite preparation, assembly and/ or original installation First and second homes qualify. No rentals

5. Solar Tax Credit Against tax liability less any other credits Not refundable Credit can be carried over to next year Credit extended through 12/31/2016

6. Business Credits/ Deductions Business Energy Credit Comparable to REEP credit 30% of costs for solar electric property on business property through 2016

7. Accelerated Depreciation Solar property depreciation under 5 years Qualifies for bonus of 50% of improvement until 12/31/2013 Business Credits/ Deductions

8. 12/19/11 Terra Van Zant, CPA Gilbert Associates, Inc. 916.646.6464 tvanzant@gilbertcpa.comQuestions?