I'm in process of selling my grid-tied home with a 10.16 KW micro-inverter based system and am planning a new system for my new home. For this new system, I want to have the ability to have backup power in case the grid goes down, some am planning on using two Sunny Island inverters or similar.
As I am researching the federal tax credits for the system, I started wondering if I could buy a new fully electric vehicle that would serve as the battery bank for the whole system. I know that batteries can receive the same 30% tax credit if they are integrated into the system, but am wondering if the car could also receive the 30% tax credit if it was an integral component of the system as well.
A layman's review of the tax code says that anything related to the system would be an allowable expense. I've also seen plenty of examples of people using their EVs as batteries for their houses, but I'm wondering if anyone has more insight as to the tax incentives for this approach. I would rather not go to prison for thinking outside the box, but it seems like it could be an innovative storage solution.
Thanks for help.
Charles
As I am researching the federal tax credits for the system, I started wondering if I could buy a new fully electric vehicle that would serve as the battery bank for the whole system. I know that batteries can receive the same 30% tax credit if they are integrated into the system, but am wondering if the car could also receive the 30% tax credit if it was an integral component of the system as well.
A layman's review of the tax code says that anything related to the system would be an allowable expense. I've also seen plenty of examples of people using their EVs as batteries for their houses, but I'm wondering if anyone has more insight as to the tax incentives for this approach. I would rather not go to prison for thinking outside the box, but it seems like it could be an innovative storage solution.
Thanks for help.
Charles
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