ITC Tax Credit Amount:Note only ITC can be sold | $500,000 |
|---|---|
Federal MACRS Depreciation Total:Depreciation can not be sold | $225,000 |
State MACRS Depreciation Total:Depreciation can not be sold | $100,000 |
| Year | Federal | State | Combined |
|---|---|---|---|
| Year One | $653,000 | $20,000 | $673,000 |
| Year Two | $28,800 | $32,000 | $60,800 |
| Year Three | $17,280 | $19,200 | $36,480 |
| Year Four | $10,368 | $11,520 | $21,888 |
| Year Five | $10,368 | $11,520 | $21,888 |
| Year Six | $5,184 | $5,760 | $10,944 |
Total Federal Reduced Tax Liability: | $725,000 |
|---|---|
Total Federal + State Reduced Tax Liability: | $825,000 |
Battery Rebate Amount: | - $0 |
Total Net Cost: | $175,000 |
Total Net Cost Percentage: | 17.50% |