Treasury Begins Accepting Applications for Energy Grant Option
By Caitlin Jones
1 min read
Tax Credit Advisor, September 2009: The U.S. Treasury Department has begun accepting applications for cash grants in lieu of investment tax credits for qualifying renewable energy equipment and facilities, such as solar photovoltaic systems. This option was made available by the American Recovery and Reinvestment Act of 2009. In general, projects must begin or complete construction in 2009 or 2010. Treasury has established a Web page that contains the requirements for this option, a link to an online application, and other documentation.
