Energy Incentives in Stabilization Law

The recently enacted Emergency Economic Stabilization Act includes extensions of a variety of energy efficiency incentives for home and business owners. It extends for 8 years 30% investment tax credits for solar and fuel-cell installations while eliminating the credit cap on residential solar electric projects. In addition to solar panels and fuel cells, small wind property would be added as a category of qualifying commercial investment. Also, the law extends energy efficiency incentives for new and improved homes as well as for commercial buildings.

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