The Alternative Energy Production Tax Credit, funded for over 8 years from the Commonwealth’s general fund, was eliminated last fall as part of the budget process. Approximately 110 applicants with requests of more than $4 million in credits for the purchase of solar systems will not receive the funding. The Commonwealth’s government is faced with another dire budget situation. It is uncertain whether this tax credit will be revived anytime soon.
Source: Uni-Solar news letter 6/17/2010