OnGrid Solar has recently added and updated the OnGrid Tool, including 2010 Tax Updates, as well as Ontario FIT, Rate, and Incentive Updates.

OnGrid Solar has recently updated and added a number of Incentives and Tax Act Updates, listed below:

30% Treasury Grant extension, 100% Bonus Depreciation, etc

On 12.21.2010 we added the following U.S. Federal Tax & 1603 Treasury Grant incentive changes: 
1. 30% U.S. Federal 1603 Treasury Grant Program extended thru 2011
2. 100% Bonus Depreciation for 2011
3. 50% Bonus Depreciation for 2012

The 30% U.S. Federal 1603 Treasury Grant Program was extended one year, and is now available for qualifying PV projects that commence by the end of 2011.
Bonus Depreciation was expanded to 100% for projects placed in service in 2011, and 50% for projects placed in service in 2012. "Bonus Depreciation" means acceleration of the otherwise applicable depreciation (not "more" depreciation, but "sooner" depreciation). 100% Bonus Depreciation means that the whole project's applicable tax depreciation is accelerated to 2011. 
OPA Feed-In-Tariff, Canadian Depreciation added. Many U.S. rates & incentives changed on 1.1.2011
On 12.21.2010 we added the following U.S. Federal Tax & 1603 Treasury Grant incentive changes: 
1. 30% U.S. Federal 1603 Treasury Grant Program extended thru 2011
2. 100% Bonus Depreciation for 2011
3. 50% Bonus Depreciation for 2012
The 30% U.S. Federal 1603 Treasury Grant Program was extended one year, and is now available for qualifying PV projects that commence by the end of 2011. Bonus Depreciation was expanded to 100% for projects placed in service in 2011, and 50% for projects placed in service in 2012.