Solar Tax Grants-Pleading for a Cash Grant Extension | RenewablesBiz

Pleading for a Cash Grant Extension RenewablesBiz (Click for additional Details)

There's no doubt over the effectiveness of the Federal Government's solar energy "Tax Grant" program. The grants provide a 30% reimbursement to businesses off their gross solar system costs. Tax Grants differ from Tax Credits in that they are paid out within approximately 60 days of signing a solar energy contract. This near-term reimbursement is critical to businesses, especially in a weak economy, as it helps them with their cash-flow.

Please contact your local representatives and ask them to continue their support of Section 1603 Grants. Another 2 years will allow the solar industry to continue it's progress in saving companies millions in energy costs, increasing energy independence and greening the nation.

Best,

Paula