Articles With "Government" Tag

Talking Small Wind with AWEA; House + Senate Mull Small-Wind Tax Credit Legislation

Awea

I love blogging, I really do.  Blogging enables me to connect with and learn from some really smart people.  For example, last week I posted that I’d be in Washington, D.C., and I received a flood of suggestions and ideas for enjoying the greener side of the city.  My friends at Edelman (Tristan + Kate) lined up a meeting with small-wind expert, Ron Stimmel, at the American Wind Energy Association’s Headquarters.  It was awesome.  I was able to sit down with Ron and talk about a pretty big development in the small-wind industry right now. 

Recently, Senators Ken Salazar (D-Colo.) and Gordon Smith (R-Ore.) introduced legislation ("Rural Wind Energy Development Act" (S. 673)) that would allow purchasers of a small wind system to receive a credit on their taxes for a portion of the turbine’s total cost, or $1,500 per 1/2 kW of capacity.  The five year credit would apply to all wind systems with capacities of under 100 kW used to power homes, farms or small businesses.  The same day I was in town, a similar version of this legislation was also introduced in the House, H.R. 1772, by Earl Blumenauer (D-Ore.) and Tom Cole (R-Okla.).  According to current estimates, small wind is suitable for about 15M homes and 1M businesses in America.  If you want to get involved, Stimmel recommends calling your representative and asking them to co-sponsor the legislation.  Get it moving. 

According to Stimmel, "This would be the first federal incentive in 20 years to help individuals – homeowners, farmers, and small business owners – buy a small wind turbine."  I asked him about some of the hurdles the industry is going through and he was positive about the direction small wind is going.  Small wind needs reputable companies manufacturing the turbines and installers need to be well-trained to make sure the turbines get the best wind.  Maybe in the near future, there could be some type of certification system for installing small wind, which could be a significant boost to the technology.  At least for the moment, having these tax credits puts small wind within reach for many homeowners, farmers, and small business owners that could desperately use the technology.

Page 11 of 11« First...«7891011


Popular Topics on Jetson Green