The purpose of the project is to do the local offices. If we don't have any for your county/town, it's just a matter of us not having volunteers for there. Local offices, in my perspective, is where all the opportunity and value is at.
Under a rare bipartisan deal at the end of last year, the solar investment tax credit remains at 30% through the end of 2019, then declines to 26% and 22% in 2020 and 2021 respectively. After that, there's no investment tax credit for residential solar.
And the problem with the "new rules" is that they require the "accredited investor" to provide all sorts of documentation to the startup, to certify that they are, indeed, an "accredited investor". We're talking tax returns, or a certified document from their accountant, etc.
This is going to add extra friction to the process and may negate a lot of the purported benefits of this whole mechanism, given that investors were previously allowed to simply "self certify" their status as an "accredited investor".
can't they do that by proxy? i go to my bank, i show them evidence that i have made $200k or more in the last 2 years, or that i have a million+ net worth. i get the document notarized, i give the company the notarized document by the bank as evidence. my paperwork stays private.
