Sunnyside Solar is now in the BLOG world.
We will begin posting new developments in the solar electric industry and provide information about federal tax credits, utility rebate and renewable energy credits!
The latest development is the ITC – the federal investment tax credit for renewable energy additions and energy conservation upgrades. Beginning in 2009, home and small business owners may claim the credit on federal tax returns. The newly passed bill attached to the rescue bill allows for a 30 percent credit without the $2000 cap.
Utility rebates and RECs (renewable energy credits) are currently between $2.00 and $4.50 per watt. The word on the street is utilities may reduce these credits when the federal ITC takes effect.
Now is a great time to invest in renewables and energy saving improvements.
Hi Gary and thanks for taking my advice! Welcome to the wonderful world of blogging.