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Renewable Energy Incentives: Part Two

Installing a renewable energy system is increasingly affordable thanks to renewable energy incentives from federal and state governments, as well as local utilities.

| December 2004/January 2005

If you live in Arizona, Idaho, Oregon, California, Montana or Washington, you can save big bucks on a solar- or
wind-power system. Here’s how:

Installing a renewable energy system is increasingly affordable thanks to rebates and tax breaks from federal and state governments, as well as local utilities. Depending on where you live, renewable energy subsidies could reduce the cost of a wind- or solar-electric system by more than half the total expense.

In Oregon, for example, a new state energy trust is doling out millions of dollars to utility customers who want to install new solar systems. A tax credit and a 15-year, low-interest loan are available from the state to cover the remaining expenses. In other states, rebates of up to 70 percent of systems’ costs are available.

Here is the first in a three-part series summarizing some of the best subsidy offers for wind, solar water-heating and photovoltaic (PV) systems in 17 states. Part I covers Arizona, Idaho, Oregon, California, Montana and Washington. Part II, in the December/January 2005 issue, covers Texas, Minnesota, Wisconsin and Illinois. Part III, in the February/March 2005 issue, covers Florida, Delaware, New Jersey, Rhode Island, Massachusetts, New York and Vermont. Incentives are available in other states, but the programs covered here stand out in the growing crowd.



As oil prices rise and electric grid failures mount, an increasing number of cities and states are setting ambitious targets for boosting renewable energy production. For the most current information for your area, go to www.dsireusa.org, an essential source for subsidy listings and contact information that can help you light up your life with renewable energy. Other good sources of information are your local utility company and state energy office.






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