US offers tax credit for small wind turbine

10 Nov 2008 | Author: Jeanette Wiemers, newsbriefs editor | Print version | Send to a friend

Legislation gives buyers of Southwest Windpower products and others up to $4000

Last month, the US Congress passed a bill implementing a federal investment tax credit worth up to $4000 for qualifying small wind turbines installed until 2016. The first federal incentive for small wind systems in over 20 years, the measure was passed with the help of Southwest Windpower—a producer of wind turbines designed for residential use—and hopes to create thousands of new jobs as well as foster growth in the small wind sector.

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