Financial Incentives for Your Business to Use Solar Power
By Richard Chapo
When it comes to running a business, much of the necessary focus is on the bottom line. Many businesses, however, fail to realize they can seriously cut energy costs by going solar.

Tax Incentives

Federal and State governments know the best way to initiate change is to provide an economic benefit. When it comes to energy, governments try to make the use of solar energy as economically attractive as possible to businesses. This is done through granting tax incentives in the form of tax credits and deductions. Depending upon which government agency is involved, federal or a particular state, corporations can get tax credits and deductions ranging from 10 to as high as 35 percent of the cost of purchasing and installing solar energy systems.

Net Metering

On top of the tax incentives given to businesses for going solar, a majority of states now offer incredible cost savings through net metering. Net metering refers to state laws that require utilities to purchase power generated from solar systems used by businesses at the same price the utilities would otherwise charge the business. If the business is producing energy in excess of what it is using, the energy is sent into the utility grid and the building power meter actually runs backwards. Since many businesses are closed two days a week, this effectively means the utility is buying the power on said days. Net metering

Mac McCarthy Magnet Motor
Florida inventor claims to have an all-magnet motor (no electrical or other fuel input) prototype ready to launch into the process of engineering for production. He is looking for partners and funding. (PESWiki; Mar. 20)
The Global Warming Swindle
Documentary produced in England destroys the arguments put forward by Al Gore and other activists who lay the primary blame for Global Warming at the feet of mankind. The sun is the culprit. (PESN; Mar. 19)
Proving the Secondary Oscillation Mechanical Amplification Effect
Brian Berrett's various test rigs demonstrate the gain derived in the secondary mechanical movement of a lever attached to a primary pendulum oscillator -- mechanical 'overunity' -- validating Veljco Milkovic's claims. (PESN; Mar. 18, 2007)
A123 Systems lithium-ion battery technology
A123 replaces the cobalt oxide in lithium-ion cells with nanophosphate, enabling a quick charge, while delivering high power density, with a long life-time. Is used in power tools, and is process of breaking into hybrid vehicle market. (PESWiki; March 16)


is an incredibly effective means of slashing utility costs.

Solar Loans

Businesses can gain further benefits through going solar by taking advantage of government solar financing programs. These loan programs offer incredible terms in an effort to promote the use of renewable energy and make sense for both new construction and renovations. Typically created as state programs, these “solar loans” offer financing for the purchase and installation of the equipment. The loans typically have seven to 10 year terms, and are offered as no interest or extremely low interest financing. Combined with the economic benefits of net metering, such loans make the decision to go solar a slam dunk.

Each state tends to handle the promotion of alternative energy in different ways and with different benefits. When combined with federal programs, businesses can reap a financial benefit from using solar energy sources.
Rick Chapo est avec SolarCompanies.com - un annuaire des compagnies d'énergie solaire. Nous rendre visite pour lire plus d'articles concernant l'énergie solaire et les prêts solaires


Voici encore plus d'articles d'énergie solaire…