Incentives For Renewable-Energy Equipment

The Wall Street Journal recently posted a great article about incentives for installing renewable-energy equipment.

The WSJ reports that, “Last July, the Treasury Department began accepting applications for its 1603 program, which awards businesses with cash payments of up to 30% off the total cost of installing a range of renewable-energy equipment.

“The program, which runs into October 2011, has distributed more than $3 billion to 499 U.S. businesses, including companies that install renewable energy equipment on behalf of clients. Qualifying businesses are generally compensated within 60 days of applying.”

To read the complete article go to Businesses Wait for Green Energy Payback.