Rebates and Incentives
U.S. 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.
The Windspire is the most affordable renewable energy appliance in the
1 kilowatt range. The Windspire comes as a complete system that
includes poles, rotor, generator, inverter, and wireless performance
monitor, so there are no expensive extras to purchase. A 30% federal
tax credit (available in the USA) and
local rebates are available in some areas. The average payback is under 10 years.
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
U.S. 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.
Download a sample application or view the Guidance document provided by the US Government.
To learn more about the program visit the US Treasury website:
http://www.treas.gov/recovery/1603.shtml