Residential Energy Credit

[dsi]

Client purchased a Mitsubishi Solar Grid system for $27,532. My research indicates this system qualifies for the 30% energy credit.

Now, I just learned that my client received an $11,000 rebate from our local utility company for purchasing and installing this Solar Panel Grid.

Question: How does this public utility company's rebate to my client affect my client's energy credit on form 5695?

[Jesse]

I had the question concerning a furnace rebate:

http://energystar.custhelp.com/cgi-bin/energystar.cfg/php/enduser/std_adp.php?p_faqid=5765&p_created=1241542569

[dsi]

Thanks Jesse, I couldn't find anything in my futile research efforts.