Federal Tax Credits for Residential Solar Energy While I am unhappy that our tax dollars are being used to bail out unprincipled and dishonest banks, I am pleased about the extended tax credits that accompanied this bail out. (To understand how these banks worked their scheme, read this transcript from NPR’s This American Life.) But [...]
Prepare for Home Solar Energy During the Credit Crisis Recent news of the extended federal energy tax credits for renewable energy energized the solar industry. Everything was coming up sunshine! With the more recent events in financial news, some think the sun is setting on solar. The credit crunch makes people think twice before doling [...]
Economics and Home Solar Energy The best energy source is the one that will never run out. I look forward to the day when my home is powered by solar energy. Clean, abundant, and efficient, solar energy will be here as long as we are. While PV technology is making great strides, installing solar power [...]
Senate Passes Renewable Energy Tax Credits For those interested in wind and solar renewable energy, here’s good news reported at RenewableEnergyWorld.com. The Senate voted last night passing legislation to extend tax credits for renewable energy such as solar and wind energy. This bill is attached to the US $700 billion rescue legislation. The House of [...]
Senate Supports Tax Breaks and Incentives for Solar Energy The final outcome is yet to be seen, but last week the senate passed legislation that extends tax breaks and incentives for solar energy through 2016. For those of us wanting to go solar, an extension of this kind would be welcome news. The House will [...]
Federal tax incentives for alternative energy businesses expires the end of 2008. Businesses and individuals who care about the earth, fuel prices, and energy independence press for the extension of these tax incentives. Alternative energy businesses argue no incentives necessitate reduced capital investments, expansion cuts, and job cuts. Alternative energy customers want solar, wind, and [...]
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