From:
Ed Woll [mailto:ed.woll@controlaltenergy.com]
Sent: Wednesday, July 30, 2008 10:10 PM
Subject: FW: Energy Independence Bill signed when does it go into
effect?(072808woll)
To all:
These are exciting times for all of us interested in renewable energy. With gas prices what they are and the winter heating season fast approaching, I have received numerous inquiries especially since the press release on July 9th concerning Governor Rendell signing House Bill 1 into law.
Many like minded individuals wanted to know when the incentives promised by the signing of this bill would go into effect. The reason being the current Federal tax incentives to encourage the use of renewable energy are set to expire at the end of this year. As residents of PA, we might have a very limited window to maximize our alternative energy credits by taking advantage of any overlap in the state and federal programs. As you can see by Mr. Lasher’s response to my question below, we have no guarantee if projects completed now will qualify for the state incentives once available.
I personally plan to act now by installing a system I can use as a demo unit for my business before the Federal Tax credit expires. The Federal tax credit allows 30 percent of the cost of a solar PV project up to a $2,000 cap for individuals (no cap for businesses). If the state decides to allow projects installed late in 2008 to be covered, this would be icing on the cake so to speak as it should provide loans, grants or rebates that cover up to 35 percent of the costs residential consumers and small businesses incur for installing solar energy technology.
Thank you everyone for your interest in Solar and Renewable Energy and Control Alt Energy. I look forward to meeting those that have taken advantage of my offer to perform a free no obligation site survey and discuss their project further.
Sincerely,
Ed Woll
Helping You Control Alternative Energy!
http://www.controlaltenergy.com
570-754-0053
From:
Lasher, Karl [mailto:klasher@state.pa.us]
Sent: Wednesday, July 30, 2008 11:57 AM
To: Woll, Ed
Subject: FW: Energy Independence Bill signed when does it go into
effect?(072808woll)
Hello, thanks for your inquiry. The legislation you're referring to provides funding for various incentive programs for alternative energy and energy efficiency projects for residents, small businesses, political subdivisions, etc. This includes solar projects. However, it will be several months, possibly into 2009, before these programs are ready to launch. In addition, at this point, it has not been decided whether projects begun now before the launch of the programs will be eligible. Therefore, we are advising those who are dependent on the incentive to wait to conduct their project.
Please visit the following webpage to sign up to be notified when more information is available:
http://www.depweb.state.pa.us/energindependent/site/default.asp
The notification link is on the left of the screen. It says "Sign Up for Email Updates" and it includes a picture of a green envelope.
Thank you for your interest.
Karl Lasher
Executive
Assistant
Office of Energy
and Technology Deployment
Pa. Department of
Environmental Protection
717-783-0540
-----Original Message-----
From: Woll, Ed [mailto:Ed.Woll@controlaltenergy.com]
Sent: Sunday, July 27, 2008 9:55 PM
To: EP, Contact Us
Subject: Energy Independence Bill signed when does it go into effect?
Can someone please tell me if I purchase solar panels or a residential wind generator between now and the end of the year, will this purchase qualify for reimbursement under the bill recently signed? I would like to maximize my credits by purchasing now before the Federal tax credits expire at the end of this year.
Thanks,
Ed Woll
If you would like to learn more, please contact Ed Woll.