A letter addressing the tax consequences of the Application of Arizona Public Service Company for Approval of Net Metering Cost Shift Solutions. The letter with attached memorandum confirms Arizona Public Service Company's requirement will essentially exchange federal tax credits for federal taxes, reversing the existing flow of money into Arizona. Moreover, payments received by an APS customer under the Company's proposal will likely increase the customer's taxable gross income. The Alliance for Solar Choice entered the memorandum into the record of the proceeding.