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Wind Powered Generator Tax Credits Ways To Get Them





Currently, the United States government policy is very pro-renewable energy. There is a large wind turbine tax credit available only for homeowners. That, combined with a number of other programs that other government entities and non-government organizations are sponsoring make this the best time in history to act and purchase a wind energy device. Many feel that this programs and others may go away soon though, so the window of opportunity may be closing.

Depending on where you live and where you buy your wind turbine, these are the types of credits generally available to people wanting to install wind power at their homes:

Federal Residential Energy Tax Credit - this is the 30% tax credit available for anyone installing a renewable energy system at their home. It is not available for businesses, however. It is a tax "credit" and not a tax deduction. This is much better because it means 30% of the amount of your purchase comes right off the bottom line tax amount you owe the government at the end of the year.

Credits available from your state or city - these are in addition to the federal credit. Many states offer additional incentives that mirror the federal credits. To get them, all you do is apply for them, but you need to get this research done to find out if they exist. DSIREUSA.org is a terrific site and is a repository of all the state and local incentives that you may have available.

Utility incentives to go renewable - in many cases your own utility will offer incentives to spend money on renewable power. This at first seems a bit counterintuitive because renewable energy at your house would mean you were buying less from them. The reason they like renewable energy is because the more power individuals can make themselves at home, the less likely it is the utility will have to build additional fossil fuel driven power plants in the future.

Manufacturer offered incentives - often these come in the form of rebates to push you in the direction of purchasing their particular product. With the wind turbine tax credit and all the tagalong offerings out there for enticing you to buy one, this is certainly the best time in history to take action. There is really just no way to lose now when you make energy from wind at home.

Keep in mind that when you have a wind turbine, the main and most immediate prize is reduced energy costs for you. Not to mention the enormous societal benefits of no longer purchasing as much energy from a fossil fuel powered electricity generating facility.

About Author Roger Brown :

Roger G. Brown has saved countless providers dollars on their electricity expenses. Investigate Roger's methods to economize And even find out more on <a href="http://windturbinealternatives.com" target="_blank">http://windturbinealternatives.com</a> ">Residential Windmill Kits</a>


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Article Added on Wednesday, March 7, 2012
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