Due to the convergence of environmental concerns, the rising cost of traditional (fossil) fuels and pressures on governments to enact programs to stimulate our sluggish economy, there has never been a better time for government incentives for renewable energy. Programs vary, but billions of dollars are now being given out right to projects throughout the country.
All Areas are not Created Equal. Incentives vary based on the type, size, location and user of the system. Depending on these factors, you may be eligible for incentives ranging from ten percent to one hundred percent of the installed cost of the system. Careful planning and consideration should go into navigating these factors to ensure that you receive the maximum incentives for your project.
"By combining Federal and state tax credits and deductions, utility rebates, private grants and specialized loan programs, Incentives Scout was able to show me how I could install a $200,000 biomass system with no upfront costs and a payback of less than 18 months!"