Does any one know of any government funding for renewable energy systems?
we live in the country and are looking to live "off the grid". We are looking into a turbine in conjunction with a solar system, but the outright cost are VERY high!
Kudos to you! Some states offer an incentive incentive programs for home owners who generate solar energy and contribute to the power grid. For example, in Massachusetts, the state has a program that pays for 50% of the up-front costs of installing a solar power system. Programs vary from state to state.
Furthermore, if you plan to invest in renewable energy, consider staying connected to the power grid and participate in a program known as "net-metering." Some solar power home owners who currently have solar power contribute their excess power back to the power grid.
In return, they get a price break in their electric bill. Also the excess solar power helps reduce the dependency on fossil fuel and nonrenewable energy in the large scale.
February 18th, 2010 at 6:46 am
Nuclear plants, hyro plants, wind plants, coal plants,
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February 18th, 2010 at 7:10 am
I think you can look it up on local state and federal websites, and if not you should, try googling it as well and that might help.
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February 18th, 2010 at 7:35 am
not for individuals
You would have to be providing for an entire community to even be considered
However, up to $2,000 of the cost of certain Solar can be tax deductible after you have purchased it & minus any other tax credits (for example the state of California also gives tax credits… you have to deduct the state credit off the federal allowance)
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February 18th, 2010 at 7:59 am
The Federal government provides tax credits for certain energy efficient improvements (IRS Form 5695). There are several types of improvements covered but for either a solar electric system or solar water heating system the credit can be $2,000 for each. There are also credits for insulation, windows, fuel cells, etc. Improvements must be made by 12/31/2007.
As far as straight rebates, this is more state and local in nature. Florida has credits for solar systems to offset the initial cost of installation. Call your local utility to find out.
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IRS Form 5695 and instructions
February 18th, 2010 at 8:10 am
Kudos to you! Some states offer an incentive incentive programs for home owners who generate solar energy and contribute to the power grid. For example, in Massachusetts, the state has a program that pays for 50% of the up-front costs of installing a solar power system. Programs vary from state to state.
Furthermore, if you plan to invest in renewable energy, consider staying connected to the power grid and participate in a program known as "net-metering." Some solar power home owners who currently have solar power contribute their excess power back to the power grid.
In return, they get a price break in their electric bill. Also the excess solar power helps reduce the dependency on fossil fuel and nonrenewable energy in the large scale.
References :
February 18th, 2010 at 8:25 am
some states will pay a certain percentage for solar panel installations but its still expensive and does not produce enough energy to power your house alone, so you’ll have to use solar energy with another energy source as well
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February 18th, 2010 at 9:14 am
Yes, they give tax break to companies that put up those wind turbines. These windmills are not profitable and basically suck.
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