Wind

The time is NOW.

Incentives.

There are many misconceptions on how exactly wind turbines can be used on the average home and business.

LIPA

Separate rebates for residential, commercial, municipals and non-for-profit organizations

- Residential & Commerical: $3.50 per kWh for the first 16,000 kWh and $0.50 per kWh thereafter up to a maximum of 175,200 kWh or 60% of the total installed cost; the lesser value of the two.

- Municipalities & non-for-profit: $4.50 per kWh for the first 16,000 kWh and $1.50 kWh thereafter up to a maximum of 175,200 kWh or 60 % of the installed cost.

Federal Government

30% Income Tax Credit on Total Project Cost

- Residential: When receiving a utility rebate you must all of the rebate of the 30% of the total project cost.

- Commercial: When receiving a utility rebate you must subtract 50% of the rebate off the 30% of the total project cost.

Accelerated Depreciation

 

- 5 year accelerated depreciation.