Residential vertical wind turbines and solar panels designs for the home – Energy Star tax credit creates purchasing interest home energy generators

There’s a movement occurring across the Unites States that involves the installation of solar and wind energy systems. Many homeowners are seriously considering the installation of such a system in their home as incredible tax breaks, incentives, and tax credits are currently being offered.

The Energy Star tax credit is one of these credits currently being offered and allows homeowners a 30% tax credit if they choose to install a qualifying energy star wind turbine or solar photovoltaic system in their home. This tax credit can really offset the cost of installing a new system. Since these types of systems often cost thousands of dollars, a tax credit can easily influence many taxpayers decision. Local and State tax incentives are presented by the website Database of State Incentives for Renewables and Efficiency (DSIRE).

When it comes to choosing a system, you will want to consider what part of the country you live in. If you are in the far southwest, a solar panel system would make the most sense. Other areas of the country have high winds, so a small wind turbine will make more sense for these areas. Consider the overall cost of the system and the energy that it will produce. Check with your local power company to determine your power usage and cost per kilowatt hour. Use this to determine a breakeven point in years. Don’t forget to also factor in tax savings, and the cost of financing.

Author: Carla Kessler