New tax credit of up to $4k a boon to small wind turbine industry Last week’s well-publicized economic bailout package, included several “sweeteners” to help it through the House. Extended were the tax credits for solar, wind, and geothermal as well as tax credits for green building and energy efficiency . But what also passed was a new federal-level investment tax credit for qualified small wind turbines . The ITC is valued at $500/.5kw capacity for up to $4,000 and available for small and micro-wind turbines (up to 100kw), including vertical-axis wind turbines , installed through 2016. Read more of this story » ...
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New tax credit of up to $4k a boon to small wind turbine industry Last week’s well-publicized economic bailout package, included several “sweeteners” to help it through the House. Extended were the tax credits for solar, wind, and geothermal as well as tax credits for green building and energy efficiency . But what also passed was a new federal-level investment tax credit for qualified small wind turbines . The ITC is valued at $500/.5kw capacity for up to $4,000 and available for small and micro-wind turbines (up to 100kw), including vertical-axis wind turbines , installed through 2016. Read more of this story » ...