Ever Wondered What Correspondence from the US Department of Treasury looks like when a solar system owner receives notification that his/her 1603 Grant has been approved and will be paid? Here is a redacted version of the email sent by Treasury to applicants:
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Sent: Saturday, March 24, 2012 9:45 AM
Subject: U.S. Treasury Department - Application for Section 1603: Application 2012xxxxxxxxxxx Awarded
| Section 1603 AWARD LETTER | 
|
-Awardee-: XYZ Inc, 123 Maple Street, Dallas, Texas, 11111
Re: Section 1603 Payment for Specified Energy Property in Lieu of Tax Credits for Treasury Application Number 2012xxxxxxxxxxx – Award Notice
Dear Redacted:
The United States Department of the Treasury (Treasury) is pleased to inform you that the above-referenced application for payment in the amount of ($xx,xxx.00) for Specified Energy Property in Lieu of Tax Credits is approved. This payment is authorized under Section 1603 of Division B of the American Recovery and Reinvestment Act of 2009.
This notice constitutes official notification of the award and together with your submitted application, supporting documentation, and signed Terms and Conditions constitutes the Grant Agreement between Treasury and you. Acceptance of this award, including the Terms and Conditions, is acknowledged by the awardee when funds are accepted from Treasury. All awards are subject to further monitoring and audit to ensure compliance.
You should receive the payment in your bank account within seven business days of the date of this letter. The payment will be deposited in the bank account that is listed in the Central Contractor Registration (CCR).
Sincerely, 
Richard L. Gregg Fiscal Assistant Secretary
***end***
Jim Young
President
Solar Capital Group, LLC
512-565-7509
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