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Alternative Energy Government Rebates, Tax Incentives and Grants There has never been a better time to purchase and install alternative energy products for your home. Between state and government rebates and tax incentives your savings can be significant. Check your state and local government on such programs and tell us about your experience.


Renewable Energy – Tax Credit Incentives Make it Much More Affordable

There has never been a better time to purchase and install alternative energy products for your home. Between state and government rebates and tax incentives your savings can be significant. Check your state and local government on such programs and tell us about your experience.


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Old 05-30-2011, 09:35 AM
cosmo cosmo is offline
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Join Date: May 2011
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Default Renewable Energy – Tax Credit Incentives Make it Much More Affordable

If you have been thinking about installing a heating or air conditioning system in your home that utilizes these free and renewable sources of energy, then now is the time to do it. With federal and state governments paying for a good chunk of the cost of purchasing and installing these environmentally friendly systems, it makes good fiscal sense to take advantage of these programs. The federal tax credit program is currently in effect until 2016. This is not a tax deduction; it’s a tax credit. Unlike a tax deduction, which may only be applied toward income, a tax credit is applied directly to the tax amount–dollar for dollar. Qualifying systems are eligible for up to a 30% federal tax credit.

Sources

DSIRE. Database of State Incentives

2011 Federal Tax Credits for Energy Efficiency
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Old 08-08-2011, 07:50 AM
lucacoleman lucacoleman is offline
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Default Re: Renewable Energy – Tax Credit Incentives Make it Much More Affordable

Yes, that's the reason why more and more people are turning to alternative electrical power. The power company also gives users rebates for any unused electrical power.
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Old 10-04-2011, 10:36 AM
halcolenergy halcolenergy is offline
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Default Re: Renewable Energy – Tax Credit Incentives Make it Much More Affordable

yes governments need to meet their targets in reducing green house gasses too..

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Old 07-21-2012, 11:11 AM
Dilipkumar007 Dilipkumar007 is offline
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Default Re: Renewable Energy – Tax Credit Incentives Make it Much More Affordable

This is the right time to turn to the alternative electrical power as it is in favor of nature.
I really appreciate the concern of government over these alternative power sources,because it inspires people to use more renewable sources.
The use of hydrogen and biofuel is also increasing in the automobile industries like few days back i have Car Test of Tesla company and it was an awesome car.

Last edited by Dilipkumar007; 02-17-2014 at 09:41 AM.
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