Incentives for Alternative Energy

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$incentives.jpg Almost every state offers incentives for various alternative energy purchases or conservation actions taken by local citizens.  This is to reduce the need to build new energy generating plants that use polluting energies such as coal, natural gas or oil.

Incentives are sometimes tax deductions on purchases that will benefit the community as well as the consumer.  For example, the Federal tax credit for purchasing an alternative fuel or hybrid vehicle.

Rebates are "after the fact" reinbursement of expenditures on fuel or energy efficient equipment, etc.

Incentives usually have a short lifespan...and are implemented to encourage people to take early action.  Once a regulation goes into effect requiring the energy conservation measure -- incentives are usually ended.

It pays to invest early!  You can save with incentives and rebates.

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