Austin implemented a VOST in October of 2012, and that policy is currently the only choice for homeowners to receive compensation for the solar energy they provide to the grid.
Under a VOST, solar customers cannot use the power generated by their solar systems.
Austin can resolve this tax burden quickly and easily by making the VOST optional and giving homeowners the choice to utilize net metering alongside it.
As a result of the action by an Austin homeowner, the IRS will formally review VOSTs and their impact on taxpayers.
According to a 2013 legal memo from top national law firm Skadden, Arps, Slate, Meagher & Flom, VOSTs both jeopardize a homeowner's ability to claim the 30% federal investment tax credit (ITC), and increase homeowners' income taxes.