Breaking News!

2009 Stimulus Package Includes Increased Incentives for Wind Power

New law provides homeowners and businesses with a 30% tax credit off the installed cost of wind generators & other renewable energy systems.*

The American Recovery and Re-investment Act of 2009 allows consumers and small businesses to take a 30% tax credit off the installed cost of a wind turbine installed through 2016. This savings also applies to multiple units – there is no cap on the 30% tax credit. This credit can be applied against taxes owed. Couple the federal tax credit with local and/or state incentives, and you could save even more!

Additionally, consumers and businesses will also have the option of receiving their credit in the form of a cash grant. The federal government expects to release information about the grant program soon. Extension of Bonus Depreciation until the end of 2009.*

Permits businesses to immediately write-off 50% of the cost of depreciable property such as equipment, tractors, wind turbines, solar panels, and computers for 2009.* Consult your tax advisor for details!

USDA farmer grants & loan guarantees.

USDA R.E.A.P. grants. Allows anyone claiming at least 50% of income from farming to apply for up to 25% grants, as well as up to 75% loan guarantees. Contact your local USDA office at 402-371-5350 for details.

Dollar & Energy Savings Loans for wind generators as low as 2.5%.

Contact Jack Osterman at the Nebraska Energy Office, PO Box 95085 , 1111 “O” Street, Suite 223 , Lincoln , NE 68509 -5085. Or at 402-471-2867 for details.

New Nebraska law LB 436 requires all NE power companies to buy back power created by consumers at the same retail rate.

Your local Nebraska utility company is required to interconnect with your wind generator, and to provide at no cost a bidirectional meter. They are required to now buy back all power you produce, up to what you consume on a monthly basis, at the same retail rate. Any overproduction they will pay you at their avoided cost (wholesale). This new law is only valid until the aggregate generating capacity of all customer-generators equals 1% of the utility’s average monthly peak demand for that year, so the time to act is now!

The cost of energy rises at an average annual rate of 2%, take control of your energy needs today!

According to the National Appraisers Association, for every $1 of annual energy savings, the value of a home increases $20. So homeowners who save between $1,000 and $1,500 a year in electricity costs could see their home's value jump $20,000 - $30,000.

Did you Know?

We have systems that can provide power for a typical home all the way up to a farm and/or commercial location.

Interested in finding out more? Please visit our contact page, fill out our contact form, and we'll get in touch with you right away!