Alternative
Energy Bill Makes it Possible for Millions
With
the signing of the Alternative Energy Bill of 2005,
new opportunities were opened for millions of Americans
to lessen their dependency on traditional supplies of
fossil fuels and electricity.
Never before has it been so affordable to make the investment
in energy conservation and production for one's own
home or business.
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Update: Key Tax Bill for Renewables Passed by Congress
On Saturday December 2 2006, the U.S. Senate approved
the "Tax Relief and Health Care Act of 2006" by a vote
79-9, thereby extending many of the tax credits that
benefit the renewable energy industries. President Bush
is expected to sign the bill into law this week.
Note: Solar Systems is not
responsible for the acquisition of tax credits for the
Solar customer. We will do our best to advise you.
There are presently some unanswered questions related to
the SRCC certification. The standard SRCC certification
is for the solar collector component of a system. There
is a separate SRCC OG-300 certification for complete
systems. Our current understanding is that there is no
SRCC certification for solar storage tanks or
controllers or other individual components which may be
installed as replacements in an existing solar system.
Not having certification for just installing a solar
tank does not preclude the possibility of eligibility
for tax credits at this time. Consult with your Tax
advisor about your individual needs. |