yoli
Returning Member

Deductions & credits

Thanks for the prompt answer, John. There's a logic in the approach you suggest, however it doesn't account for the fact that there's a significant upfront investment on my part and in doing so I've become my own electricity provider. It would appear fair that, as far as my business is concerned, it pays a going market rate, rather than a mere ~5% of what it'd have to pay to the utility company.

Or is that not how the IRS would see it?