You Own Your Own Home... Why Are you Renting Your Energy?

Clean energy tax incentives play a vital role in creating new high-wage American jobs, spurring economic growth, promoting consumer purchases of energy efficient products, lowering energy bills for consumers and businesses, and of course reducing global warming pollution. The incentives also help the U.S. catch up with other countries on the development and deployment of clean energy technologies.

On Friday, October 3, 2008, H.R. 1424, the Emergency Economic Stabilization Act of 2008, passed the U.S. House of Representatives with a vote of 263-171. Soon after, President Bush signed the bill into law. The U.S. Senate passed its own version of the bill on Oct. 1, 2008. In the bill are a number of provisions supporting energy efficiency and renewable energy, including all of the solar incentives advocated by SEIA.

This package included an 8-year extension of the commercial and residential solar investment tax credit, completely eliminates the monetary cap for residential solar electric installations, and allows utilities and alternative minimum tax (AMT) filers to take the credit.

The ITC is a reduction in the overall tax liability for individuals or businesses that make investments in solar energy generation technology. Nations across the globe are competing to corner the market on solar energy technologies, and to capitalize on the job growth potential and economic gain associated with this promising industry. The ITC provides the necessary financial support and catalyzing market forces to ensure the growth of solar industry in the United States.

Please call us today at 831.373.7212 for a Free Solar Energy Evaluation. With the new Solar Investment Tax Credit and the California Solar Intiative Rebates, you could save up to 40% off a Solar PV System. Don't wait! There has never been a better time to go solar.