Friday, June 10, 2011

Re: [Electric Boats] Boater Tax credits for an Electric repower?

 

Hi George.

The tax credit comment is a nice teaser, but I have yet to hear from a single person that has received a tax credit for the conversion of an ICE powered boat to electric. I know that California doesn't have any credits that are available to boaters. Car conversions have had some credits available over the years (I don't think that there are any credits available right now) and of course, there are many credits available for putting solor panels on private homes and commercial property.

So if you have specific information about available credits, i.e. which states, the amount of the credit, when the credits will expire, etc. then please share them here.

Fair winds,
Eric
Marina del Rey, CA

--- In electricboats@yahoogroups.com, GNHBus@... wrote:
>
>
> In terms of ROI, I would certainly consider removing a running ICE because of Value.
> I would do the math. Currently there is still demand for well used running marine diesels,
> that money as Arby Bernt pointed out can offset the investment in electric propulsion.
>
> Furthermore, I do know of individuals that have consulted their accountants to qualify for a
> tax credit (30%) ???not sure, for the electric propulsion system because it qualified as renewable energy
> source.
>
>

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