Tax Credit for Renewable Resources

Tax Credits for Renewable Resources 

Government Incentives are available to help reduce the cost of renewable resources.  This is available for business and homeowners to obtain many forms of clean energy from solar, thermal, wind and heating sources.

More incentives from the Department of Energy -In addition to federal tax incentives, some consumers will also be eligible for utility or state rebates, as well as state tax incentives for energy-efficient homes, vehicles and equipment. Each state’s energy office web site may have more information on specific state tax information.

 Residential Renewable Energy Tax Credits
Consumers who install solar energy systems (including solar water heating and solar electric systems), small wind systems, geothermal heat pumps, and residential fuel cell and microturbine systems can receive a 30% tax credit for systems placed in service before December 31, 2016; the previous tax credit cap no longer applies.

There are so many available - See Department of Energy to start your search. 

Posted at 09:39AM Jun 06, 2009 by Victoria Luhring in Mortgage and Stimulus Money  |  Comments[0]