The "bailout" bill has some great news for Solar and Wind buyers.
Quote, "Solar power, far less economically viable than wind turbines, had the
most to gain from the bill. The expiring incentives allowed homeowners to claim
an investment tax credit for 30% of the cost of a new solar installation, but capped
it at $2,000. The new law, written into the financial rescue bill, extends the 30%
credit for eight years and, more importantly, eliminates the cap. That means that
on a $27,000 residential solar system of 3.2 kw, a homeowner could take nearly $9,000
off his taxes the first year."
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