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December 19, 2005

Solar tax incentives in your stocking

In an article on the booming solar industry, Robert C. Bellemare, P.E., President and CEO of the consulting firm UtiliPoint, says:

The solar energy industry received a tiny share of the energy bill subsidies, yet there are some provisions in the bill that may help to further stimulate demand. The bill increases tax credits for solar installations at commercial facilities but also gives homeowners their first federal tax credits for solar installations in 20 years. The tax credits are scheduled to last only two years but, like the wind industry, I would expect that through heavy lobbying efforts they will get renewed on two year cycles.

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Posted by dymaxion at December 19, 2005 02:00 PM

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