RE: [hreg] SEIA Solar Tax Credit Victory!
- So if the bill passes and is signed, we get a tax
credit of up to $2,000 if we spend up to $6,666 on
solar projects (PV, hot H2O, etc) on our
house/business. Is that correct?
Secondly, has anyone had success getting around deed
restrictions for implementations. My deed
restrictions require that solar be "integral to the
--- Michael Ewert <mewert@...> wrote:
> Great news and great timing! With 30% credit and<http://groups.yahoo.com/gads?t=ms&k=Renewable+energy&w1=Renewable+energ
> rising electric and
> gas rates, this should make solar water heaters a
> very good investment
> in Houston. Come learn more at our meeting Sunday!
> -----Original Message-----
> From: email@example.com
> [mailto:firstname.lastname@example.org] On Behalf Of
> John Miggins
> Sent: Wednesday, July 27, 2005 2:09 PM
> To: email@example.com
> Subject: [hreg] SEIA Solar Tax Credit Victory!
> See message below, finally some tax credits apear to
> be on the horizon.
> John Miggins
> Harvest Solar & Wind Power
> "renewable solutions to everyday needs"
> Phone/Fax 918-743-2299
> Cell: 918-521-6223
> -----Original Message-----
> From: Solar Energy Industries Association
> Sent: Tuesday, July 26, 2005 6:43 PM
> To: info@...
> Subject: SEIA Solar Tax Credit Victory!
> SEIA Solar Tax Credit Victory!
> Dear SEIA Members,
> I am happy to announce that we have secured the
> largest Federal tax
> incentive for solar energy in the last 20 years.
> The Energy Bill tax
> title, which becomes public late tonight, contains
> the following solar
> * Increases the existing 10% tax credit for
> commercial solar
> installations to 30% for two years; no cap on amount
> of credit; applies
> to all property placed in service after December 31,
> 2005 and before
> January 1, 2008; credit reverts to the permanent 10%
> credit thereafter
> * Creates a new 30% tax credit for
> residential solar
> installations for two years; capped at $2000;
> applied to all property
> placed in service after December 31, 2005 and before
> January 1, 2008
> * All solar technologies, including PV,
> solar water heating,
> CSP, and solar hybrid lighting, are eligible to
> claim the credit
> A number of other provisions are including in the
> final bill that will
> greatly benefit solar, including federal loan
> guarantees for large-scale
> "innovative technologies," government solar purchase
> energy service performance contracts, etc. A full
> breakdown of these
> provisions will be sent out after the final language
> is available.
> We expect both the House and Senate to take a final
> vote on the Energy
> Bill conference report by Friday. Barring an
> unlikely occurrence, the
> solar provisions will become law.
> The establishment of these tax credits signifies
> that Congress
> recognizes solar as an important source of energy
> that belongs as a part
> of our national energy portfolio. And along the
> way, SEIA developed
> new, powerful supporters of solar who will help us
> continue to expand
> solar energy markets in the years to come.
> I, and the entire staff of SEIA, would like to thank
> you all for your
> outreach and energy in securing the most significant
> national policy for
> solar in twenty years. It truly was a team effort
> and there are many,
> many people to thank. This long, hard-fought
> campaign has demonstrated
> the growing strength and coordination of the solar
> industry - all solar
> technologies came together to implement a winning
> strategy for securing
> these provisions. By the end, we generated over
> 6,500 letters to
> Congress supporting the solar tax provisions in just
> two short weeks.
> This network of support - your resources and
> experience - will be
> critical as we work to extend the tax credits.
> Thank you once again. We look forward to working
> with the entire solar
> industry as we continue to strengthen the solar
> industry's presence in
> Washington and around the country.
> Rhone Resch
> SPONSORED LINKS
> YAHOO! GROUPS LINKS
> * Visit your group "hreg
> <http://groups.yahoo.com/group/hreg> "
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> > From: "mkewert" <mewert@...>
> To: <firstname.lastname@example.org>
> Subject: [hreg] HREG Meeting July 31st
> Date: Tue, 19 Jul 2005 23:42:14 -0500
> We are looking forward to a very interesting HREG
> meeting on Sunday
> July 31st at 2pm. We will meet at Texas Southern
> University School of
> Technology in room 225 (usual place). Our theme
> will be solar thermal
> energy systems.
> New member introduction and member project updates
> Report on TXSES Chapter Leader's retreat & board
> meeting - Mike/Joyce
> Residential Solar Water Heaters available in Houston
> - John Miggins
> from Harvest Solar & Wind Power
> Business items:
> Preparing for 2005 Houston Renewable Energy Tour -
> Take Scott street exit off I-45; head west until you
> get to Burger
> King where you turn right on Cleburne. Go until you
> get to Ennis and
> turn left 1 block where you will see the School of
> Yahoo! Groups Links
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