07-11-2009, 02:58 PM
Hi,
Current incentives for PV:
30% Federal energy Tax Credit based on installed system cost.
Washington State Incentive of 15-54¢ per kWh that your system produces.
Renewable Energy Credits (RECâs) that fluctuate in price from 2-20¢ per kWh your system produces.
Sales Tax Exemption.
An increase in home value of $20 for every $1 your system saves you annually.
Accelerated system depreciation over 5 years for businesses.
If they were really that good a deal, I don't think they would have to be wrapped in that much tinsel.
--Pete
Quote: . . . but in my mind it certainly adds the "but getting there" to what you said.There are some 'solutions' currently available, link,, but the viability and economics are unclear. From an economic standpoint, they are probably worth while, but that is because of the incentives:
Current incentives for PV:
30% Federal energy Tax Credit based on installed system cost.
Washington State Incentive of 15-54¢ per kWh that your system produces.
Renewable Energy Credits (RECâs) that fluctuate in price from 2-20¢ per kWh your system produces.
Sales Tax Exemption.
An increase in home value of $20 for every $1 your system saves you annually.
Accelerated system depreciation over 5 years for businesses.
If they were really that good a deal, I don't think they would have to be wrapped in that much tinsel.
--Pete
How big was the aquarium in Noah's ark?