This topic covers ways to pay for clean energy generation. It includes rebates, grants, taxes, loans, and other sources of money.
Several states provide rebates, subsidies, or tax credits for a homeowner who installs solar panels, wind turbines, or another source of clean power. Although these programs reduce the cost of the generator, the homeowner may still need to pay several hundred, or even several thousand dollars to purchase and install the clean energy system. The […]
The Tropical Forest Conservation Act is an incentive program that provides less developed countries with debt relief when they protect their forests. According to USAID, this act includes funding from both the United States federal government and private organizations. The Tropical Forest Conservation Act funds protect forests throughout all regions of the world, including Bangladesh, […]
I was driving back from camping near Maricopa when I heard a radio commercial. Chase offers its account holders the option to deposit checks via a cell phone. How this works is that the customer takes pictures of both sides of the check, and then sends these images to the bank and the bank deposits […]
Wind turbines can produce power cheaply after their installation. The question is whether it is cost effective to install them in the first place. Tax credits and other government subsidies reduce the cost of wind power. The larger scale the wind turbine is, the more efficient it is. According to Iowa State University, smaller scale […]
Payback periods for hybrid cars are a popular topic because hybrid cars are well known to have a higher purchase price than cars with standard engines. Typical calculations use the sales price of the hybrid, as well as the cost of gasoline, and possibly state and federal rebates. Hybrids don’t always come out ahead this […]
Nordic Wind Power is receiving a federal loan guarantee. This will ensure that the company has the funds to develop its wind turbine technology. The company’s main claim to fame is its two blade wind turbines. Looking at the picture on Nordic’s home page, their turbines require much less material than the turbines of competitor […]
Solyndra is a Bay Area company that is in the news for manufacturing solar power modules. The Department of Energyis guaranteeing a $535 million loan to support its solar power technology. According to the Department of Energy, this is the first project that the federal government is backing under the Department of Energy loan guarantee […]
Connecticut residents have the opportunity to receive lots of money for setting up renewable energy systems and making their homes and businesses more energy efficient. The state of Connecticut provides funds through several of its own programs, and power companies also provide support. Connecticut Light and Power provides information about grants as well as energy […]
Oregon offers tax credits for many businesses that invest in renewable energy as well as reductions in their overall energy usage. Although this program is subject to cutbacks because of overall economic conditions, it still provides many benefits for businesses that reduce their energy usage and carbon emissions. The program provides benefits in several areas, […]
The federal government funds battery research technology through Arpa-E grants. Project selections include the development of magnesium ion batteries by the company Pellion Technologies, according to Arpa-E. This type of battery is a new technology that potentially creates much more cost effective batteries for hybrid cars and other vehicles. Cost limitations of battery systems are […]