whis solar tax credit refundable or nonrefundable
-Josh. says: 2009 solar tax credit is non refundable for home owners, what that means is that you must have a tax liability at the end of the year to take it. We spoke with the woman at the IRS who drafted that part of the code.he Ways and Means committee was not fooled by the refundable tax credit jargon and has passed a grant program to be administered by the Department of Energy. The grant will be paid within 60 days of application and is equivalent to 30% of the project investment as outlined in the Solar ITC.