Incentive For Investment In Renewable Energy – Overview
The Landmark Inflation Reduction Act of 2022 presents the backbone of the United States’ efforts to aggressively drive carbon reduction and clean energy across all sectors of the economy. Tax incentives and financial support programs that previously existed have been expanded along with the introduction of new supports addressing not-for-profits and public sectors.
Click on any of the following links that apply to you for a quick reference guide. You are also welcome to call Bergey WindPower (405) 364-4212, or email us at sales@bergey.com for a personal assessment of your individual situation.
In addition, many states offer renewable energy investment incentives and supports. You can visit www.dsireusa.org. From the homepage on that site, click on your state to see what may be available locally. And, of course, you’ll always want to check with a tax professional to properly apply and get the most advantages from any of these incentives!
If you already have an older wind turbine that is not repairable or not producing enough energy for your current requirements, replacement with a new turbine qualifies for all the new incentive levels.