M
Mike Payne
- Jan 1, 1970
- 0
Florida just instituted a $4/watt rebate on any system 2Kwatt or larger.
The federal government is currently providing a $2000 tax rebate at the same
time. So I can get a $20K installed system for $10K after rebates.
So here's the question my brother immediately came up with after I told him
about the rebates, "How long do I have to keep the system to qualify for
the rebate?"
He wants to buy a 2 Kwatt system installed for $20K. Collect the $10K in
rebates and then immediately sell the system to the next sibling who
presumably would also then qualify for the $10K rebate.
Clearly this is immoral and wrong, etc. But I don't see anything in the law
that prevents it or makes it illegal. Since other states have had rebates
longer I'm wondering how they handle this situation.
mike
The federal government is currently providing a $2000 tax rebate at the same
time. So I can get a $20K installed system for $10K after rebates.
So here's the question my brother immediately came up with after I told him
about the rebates, "How long do I have to keep the system to qualify for
the rebate?"
He wants to buy a 2 Kwatt system installed for $20K. Collect the $10K in
rebates and then immediately sell the system to the next sibling who
presumably would also then qualify for the $10K rebate.
Clearly this is immoral and wrong, etc. But I don't see anything in the law
that prevents it or makes it illegal. Since other states have had rebates
longer I'm wondering how they handle this situation.
mike