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FREE PV, FREE INSTALLATION

How would you like to have a free solar-electric installation? Wishful thinking? Illegal? No. Perfectly legal. And simple.

Included in the "$700 billion bailout" is a provision that the 30% energy tax credit for photovoltaic installations will continue. And after January 1, 2009, it will not be limited to a $2,000 cap for residential systems. So, now you get a 30% tax credit. Many states and local electric companies also offer additional rebates or credits.

Now we get to the free part. If you are over the age of 591/2, you can draw out your retirement account funds. The problem is that you must pay federal and state income tax on those funds. If you are still in a high income-tax bracket, then there is a substantial tax rate, and many people choose to defer taking any money out of their retirement account until they must.

The new tax credit, and additional rebates and credits, means that often any tax paid on the retirement funds removed will be offset by credits or rebates. The result is that you simply move some of your retirement money from your retirement account to pay for a solar-electric array, with no cash out of pocket. The investment will reduce your utility bill and increase the value of your home.

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Getting Started With Solar

Getting Started With Solar

Do we really want the one thing that gives us its resources unconditionally to suffer even more than it is suffering now? Nature, is a part of our being from the earliest human days. We respect Nature and it gives us its bounty, but in the recent past greedy money hungry corporations have made us all so destructive, so wasteful.

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