Showing posts with label stimulus bill. Show all posts
Showing posts with label stimulus bill. Show all posts

Friday, February 27, 2009

Stimulus Bill Good News for Solar Thermal

Whatever your opinion of the latest government bailout plan, it's good news for you if you're thinking about investing in a solar water heating system for your home. A provision in last week's stimulus package lifts the $2,000 cap on tax incentives for residential solar hot water.

Homeowners are now eligible for a full 30% federal tax credit on solar thermal installations, regardless of the total cost of the system.