Friday, May 8, 2009

Alternate Energy Incentives

After researching for our company Sun-Glo, I realized how clever some state governments are being in increasing the amount of alternate energy use in their specific states. New York for example, is offering several financial incentives to it's citizens if they use more solar power.
Citizens can get cash incentives for installing home solar systems(which according to some articles can be up to 2,000 dollars!) They can also receive tax credits and property tax exemptions. The state of Connecticut has initiated a Connecticut Clean Energy Fund that offers grant money to businesses and schools that go green. This fund also creates the Solar Lease Program which plans to provide 100% financing for the installation of approximatley 1,000 home solar systems over a three year period.
In my opinion, state governments themselves taking the initiative to help this country gradually become independent of nonrenewable resources is great. Using financial incentives is a great way to increase the amount of people using alternative energy. Now, not only is alternate energy more sensible but it's also more/equally financially sound. :)

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