Over at GoGreenSolar.com, they’re sending the message for folks to get a move-on if they’re in the US and thinking of installing a solar or small wind generating system:
Congress has decided not to extend the federal renewable energy production tax credit for 2009…
If you are a residence you qualify for a $2,000 tax credit when purchasing a solar energy or small scale wind power system. A commercial entity can qualify for 30% of the total cost of the system is refunded through a tax credit from the federal government…
To qualify for the federal tax credit your system has to be installed and active by December 31st, 2008. To get started the first step is to get a quote from a service provider in your area.
Remember, a solar paneled roof over the garage, or a small wind generator nearby, can be used to provide Clean Energy for a plug-in or electric car. It’s unfortunate this credit is running out just as these technologies are beginning to take hold. You might even consider it something to write your representatives over. ;)
Tags: phases out 2008, solar-powered car, Solar-powered Cars, tax credit, wind-generatorShare This
