The power company is using state renewable energy credits and federal investment tax credits to finance the 33 total projects at schools, correctional facilities and municipal buildings that will generate roughly 100 kilowatt-hours (kWh) each. But by installing the solar energy systems in poor areas, Main Street Power will also be able to utilize federal development tax credits.
Solar Energy Tax Credits's archives
Bringing Benefits of Solar to Colorado’s Poorer Neighborhoods
Hawaii’s Solar Hot Water Miracle
When it comes to solar hot water, these are The Little Islands That Could. Hawaii’s strong investment in solar water heating technology has given their state the enviable designation of Solar Hot Water Leader within the United States. It’s also made these water heating systems an even more attractive investment. Check out the size of [...]
Friedman’s Store Gets Solar in California, Gears up for Summer
The 40,000 square ft. store is now being powered with the help of a 234-kilowatt solar photovoltaic (PV) system that is expected to pay for itself by way of monthly energy bill savings in six or seven years, according to Friedman’s Chief Financial Officer David Proctor.
Maryland’s New Energy Bills Boost Solar
Maryland Governor Martin O’Malley today signed into law five energy-related bills that aim to promote renewable power and accelerate the creation of green jobs across the state. A number of the new provisions are relevant — and helpful — to Maryland solar installations, which is music to our ears…
Here’s an overview of the new legislation, along [...]
Extension of Fed Programs Could Add 10 GW of Solar, 200K Jobs
The TGP allows cash grants to be used instead of tax credits for renewable energy projects. The MITC frees up tax credits to be used for renewable energy manufacturing investments.
Details on Hawaii’s Solar Hot Water Requirement
Hawaii’s SB 644 is one of two bills that have created a ripple of change among numerous Hawaiian tax credits for energy-efficient consumers.
New York Solar Rebates Funded Through 6/10
Holding to a firm tradition of supporting solar energy within New York, the Public Service Commission has voted to provide $12 million for solar rebates through June of this year. The solar market in the state has been holding its breath since the NYSERDA rebate expired at the end of 2009, with no new incentives [...]
New Mexico Governor Richardson Announces New Plan for Green Economy
New Mexico Governor Bill Richardson today signed an executive order outlining the state’s plan for building a green economy. “A comprehensive green economy is critical to the future of New Mexico and will lead our state into a new era of economic vitality and stability,” Governor Richardson said at the signing, which was held at [...]
Solar, Wind Tax Breaks in Pipeline for Arizona, Rest of U.S.
Hot on the heels of President Barack Obama’s $2.3 billion Recovery Act Advanced Energy Manufacturing Tax Credits for spurring renewable energy development and clean-energy jobs arrives news, courtesy of the Arizona Republic, detailing how Arizona will be among the many states to benefit from the initiative.
Six solar power equipment companies in Arizona’s Phoenix metro area, for example, [...]
Senators, Congressman Push to Keep Solar Jobs in U.S.
Following closely on the heels of Evergreen’s decision to outsource to China, a quartet of legislators representing three different states and both sides of the political spectrum introduced earlier this week a bill intended to bolster solar manufacturing jobs in the United States. A bipartisan piece of legislation supported by the Solar Energy [...]
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