Eastern States Offer a Variety of Renewable Energy Incentives
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Category: EnergyType: News
Source: US Department of Energy (Biomass)
Date: Wednesday, April 6th, 2005
Homeowners, businesses, and other institutions located west of the Mississippi River-and in California in particular-have in recent years led the rest of the country in their pursuit of renewable energy, but Eastern states are now offering a variety of incentives that may just help them catch up. In Massachusetts, for instance, the Renewable Energy Trust has launched a new $5-million rebate plan for customer-sited solar photovoltaic systems, wind power, and micro-hydropower systems. The rebates are for systems up to ten kilowatts in capacity and can range up to $50,000. They are designed to offset one-quarter to one-half of the cost of 400 to 500 systems across the state. See the press release and plan description from the Massachusetts Renewable Energy Trust.
Maryland has chosen to extend its solar energy incentives, allowing homeowners, businesses, and local small governments to apply for grants through May 16th. The grants cover 20 percent of the system cost for solar water heating and solar photovoltaic systems, and can be as large as $5,000 for non-residential photovoltaic systems. See the press release from the Maryland Energy Administration (PDF 74 KB). Download Acrobat Reader.
New Jersey, meanwhile, has seen a surge in demand from public schools for its solar energy rebates, which can save 60 percent off the cost of installation. To help distribute the funds fairly, the New Jersey Board of Public Utilities (BPU) recently set new criteria that caps the amount awarded to each school district. New Jersey's Clean Energy Plan also provides incentives to residential, commercial, and industrial projects. See the New Jersey BPU press release.
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