Rebates and Incentives
US Federal Small Wind Tax Credit
U.S. home owners can save 30% off the total cost of their Windspire by applying for a 30% tax credit on their federal income taxes. The credit applies to the total cost of the unit, including the installation.
For example, a typical Windspire installation costs between $9,000-$12,000. A 30% tax credit would be worth as much as $3,600, making your total cost per installed unit only $8,400. For customers who install multiple Windspires, the credit applies to the total cost of all units installed.
Local Rebates
Local rebates are also available from state renewable energy funds and local
power companies. To find out if you have rebates in your area, visit DSIRE, a
comprehensive source of information on state, local, utility, and federal
incentives and policies that promote renewable energy and energy efficiency.
For Businesses: Accelerated Energy Credit Reimbursement
US Businesses are also eligible for a 30% tax credit. Under a new program
introduced by the US Treasury and Department of Energy, businesses may now
collect their credit in cash within sixty days of completing an installation
instead of waiting for an end of the year tax credit.
To learn more about the program visit the US Treasury website: http://www.treas.gov/recovery/1603.shtml
Learn more
about the wind power incentives and rebates available.
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