Thursday, August 7, 2008

Going Solar - Renewable Energy Credits and Solar Tax Rebates

Know Your State’s Perks.
DSIRE, which is the Database of Solar Incentives for Renewable and Efficiency, provides all state-wide financial incentive details for free at

Act Fast.
The Federal Solar Tax Credits Program is slated to end on December 31, 2008. Additionally some states are considering modifying or doing away with their rebate programs, so this may be the best time to secure the highest return on investment.

Calculate S-RECs.
As a solar system owner, you may qualify to receive Solar Renewable Energy Certificates (or S-RECs) every time your solar electric system produces 1,000 kilo watt hours of electricity. These certificates can be traded in for cash.

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