Lets face it: taxes are confusing. When that certain time of year rolls around, feelings of apprehension and dread have a tendency to appear. Perplexing language, strange looking forms and a constantly changing tax code can leave one utterly bewildered. If you received a tax credit last year for installing some energy efficient windows or a […]
The United States Commerce Department said that it would start a probe on whether Chinese companies sell their solar panels in the country at unfair discounts as well as receive government subsidies illegally.
Solar equipment manufacturers based in the United States want the government to impose taxes on more than $1 billion Chinese imports. They joined the clamor from the wind power industry to seek compensation for the unfair state aid given to foreign companies.
Good news for homeowners and businesses that plan to go solar in 2011. There are several federal tax credits that are still in effect or have been extended for the year. There’s the uncapped 30 percent federal tax credit on solar hot water and residential solar electric systems that are in effect until 2016. The […]
Green Mountain Energy customers with renewable energy installations connected to a power grid are eligible for a buy-back program giving credits for excess energy produced and exported back to the grid.
The news on solar power in use around the world continues to pour in. Increasingly, individuals, companies, and governments are turning to the sun’s clean energy source for solutions to problems ranging from financial, to environmental, to logistical. Here are just a few of the recent items in the news.
You can earn tax credits on your Oregon income taxes, by installing a solar energy system in your home. This is how the state government rewards individuals for helping reduce imports of fossil fuels and helping to conserve Oregon’s environment.
In the State of Washington, sales of equipment used to generate electricity via sustainable energy are tax-exempt. Energy sources that are eligible for this exemption are wind, sun, fuel cells, biomass energy, tidal or wave energy, anaerobic digestion, geothermal, and landfill gas. This is how the state rewards those who incorporate the use of renewable […]
Investors bet on solar stocks last Wednesday. In a sense, the solar power industry should thank the renewed Chinese interest in solar power and the increasing oil prices. These factors help encourage the demand for clean and sustainable energy sources.
In the state of Wisconsin, tax exemptions apply for the use of renewable energy. Wood which is sold for use as fuel in residential sectors is exempt from use-tax and state sales tax. “Residential use” is defined as use in structures, or portions of structures, which are considered the permanent dwelling place of an individual […]