Looking for a grant to install solar equipment on a business building
--- Thank you for your inquiry. A mixed response for you: Unfortunately, we cannot locate a grant for this purpose. There is this U.S. Department of Treasury - Renewable Energy Grants program but it appears solely for purpose of a renewable energy-generating plant. Nevertheless we suggest you contact this Department directly to establish availability of any other incentives there, besides direct grants. Corporate depreciation There is a Federal corporate depreciation scheme that might help. Under the Modified Accelerated Cost-Recovery System (MACRS) businesses may recover investments in certain property through depreciation deductions. Eligible renewable energy investments include: * a variety of solar electric and solar thermal technologies * fuel cells and microturbines * geothermal electric * direct-use geothermal and geothermal heat pumps * small wind (100 kW or less) * combined heat and power (CHP). * The provision which defines ITC technologies as eligible also adds the general term "wind" as an eligible technology, extending the five-year schedule to large wind facilities as well. Contact: Public Information - IRS U.S. Internal Revenue Service 1111 Constitution Avenue, N.W. Washington, DC 20224 Phone: (800) 829-1040 Web Site: http://www.irs.gov Also, there is a new private solar PV rental scheme that may suit your purposes. We will contact you directly with those details. Please share your experiences with this project here to help others. Good luck! AlternateEnergySources Download a free preview copy of an effective home made wind generator plan here. Build Your Own Solar And Wind Energy Download a preview of an electric car plans guide here How To Build Your Home With Straw All The Solar And Wind Energy Supplies And Information You need To Get Going Building Your Own Geothermal Heat Pump The Great Green Movies Guide |
