W. Va. Code R. § 110-21D-3

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-21D-3 - Overview of the Credit

3.1. Beginning July 2, 2009, each eligible taxpayer may annually take a tax credit against the tax imposed in W. Va. Code § 11-21-1, et seq. for the purchase, installation and placing into service of a solar energy system on property located in this state and owned by the taxpayer and used as a residence after July 1, 2009.

3.1.a. A solar energy system is not eligible for purposes of the tax credit until it is placed in service.

3.1.b. If a taxpayer has paid for a solar energy system, but it is not yet placed into service for use during the tax year, no credit is allowed until the year in which the system is placed in service.

3.2. A taxpayer may not take a credit pursuant to W. Va. Code § 11-13Z-1, et seq. and this rule for a solar energy system installed and placed into service after July 1, 2013.

W. Va. Code R. § 110-21D-3