Till the end of 2008, if you install a solar power system, you can get a $2000 Federal Tax Credit. If you are a business you can get 30% of the cost of your installation, that can mean hundreds of thousands of dollars. This credit which helps facilitate the growth of the solar industry may be DISSPEARING! I won’t get into the details of why it’s important, but to illustrate…. Best buy is gonna put solar systems on a lot of it’s stores, and they’ve said if the credit goes away they will abort their plans. Just when businesses started to take Google’s lead seriously and see the merits, they’re about to get a cactus up the butt from our governement.
This credit was in the energy bill, and now it’s not, it’s been removed. Here is a good article on the energy bill.
I beg you, call House Speaker Nancy Pelosi and pressure her to make sure we keep the tax credit past 2008. It’s vital to the future of solar power…. It’s crucial. Think of MySpace trying to achieve it’s critical mass with no boobs. It wouldn’t work. The credit makes solar make financial sense for businesses. Do you want to rely on businesses’ altruism to take the initiative? Please, that’s why they call it a BUSINESS, they don’t do things that lose them money.
Last modified: December 4, 2007