Save Some Green
Solar energy is a free and abundant resource. It is all around us. Harnassing this abundant resource will create free electricity for your home or business and save you money.
It has never been a better time to install a solar power energy system. The American Recovery and Re-investment Act (2009 Stimulus Package) and Solar Renewable Energy Credits (SRECs) are offer substantial financial benefits.
American Recovery and Re-investment
Act (2009 Stimulus Package)
Background
On February 17, 2009 President Obama signed into law the American Recovery and Re-investment Act of 2009. With a significant emphasis on renewable energy technology deployment and job expansion, the bill improved upon the 2008 renewable energy tax credit by removing “cost caps.” This change allows consumers and small businesses to deduct from their tax liability 30 percent of the installed cost of an installation. Additionally, businesses will have the option of receiving their credits in the form of cash grants.
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