Archive for the ‘legislation and policy’ Category

Don’t Forget to File! Get the 30% Federal Tax Credit for 2009 Solar Installations When You File Your 1040

Tuesday, March 9th, 2010

Federal Tax RebateIt’s tax time, and while that’s a cause for groans from many, you can be happy if you finished installation of a solar energy system in 2009!

The Energy Policy Act of 2005 was greatly enhanced in February 2009 by the federal stimulus plan, which eliminated a $2,000 cap on the federal tax rebate for solar electric systems. The current federal tax credit for solar hot water and solar electric is 30%, with no upper limit.

Unlike state cash rebates, you apply for the federal tax credit when you submit your regular 2009 personal income taxes.

Here’s a link to the IRS Form 5695 that you’ll need (PDF): http://www.irs.gov/pub/irs-pdf/f5695.pdf.

While ReVision Energy can’t offer you tax advice, we encourage you to read up about the tax credit at DSIRE and consult with your tax advisor about the best way to file for the tax credit.

Also, this act has been extended through 2016, so you have time in 2010 to take advantage of this great incentive!

Contact us with any questions you have about solar rebates.


GridSolar Interview from MABEP 2010 Training Conference

Monday, January 18th, 2010

Last week, ReVision Energy attended and exhibited at the first annual Maine Association of Building Efficiency Professionals (MABEP) Training Conference.

The Conference featured training panels on a variety of renewable energy and efficiency topics, including solar power and solar hot water, new construction building science, advanced energy auditing and commercial building energy efficiency.

One of the panels that most interested us was with Dr. Richard Silkman, who is a major force behind the GridSolar project.

What Is GridSolar?

We asked Dr. Silkman to explain:

That link to learn more about GridSolar is www.gridsolarme.com.  ReVision Energy heartily supports this project and hope that Maine is given the opportunity to lead the nation in this SmartGrid transmission project.


ReVision’s Pat Coon Comments on GridSolar’s Initiative

Wednesday, September 23rd, 2009

I recently had the opportunity to meet Senator Susan Collin’s energy policy expert, Amy Carroll. At the meeting was Richard Silkman of GridSolar. There I learned about what GridSolar is up to, and what it’s up against.

GridSolar has submitted an alternative proposal to CMP’s $1.4 billion dollar proposal to increase the transmission corridors in Maine.

Projections show that as demand increases for electricity, Maine will experience brownouts during periods of peak demand over the coming decade. To address this concern, CMP has proposed Bigger Wires to move electricity around the state and avoid problems like brownouts.

These bigger wires would come at a big cost, $1.4 billion on the backs of ratepayers, as well as much wider corridors than today. Perhaps the biggest cost of all is what it is we’re buying into. If we purchase these transmission corridors, we will be compelled to use them. This will result in much less incentive to conserve, to produce our own energy, or to implement smart grid technology.

GridSolar has offered a very interesting alternative. For less money, they’ll ensure that we don’t face rolling brownouts, AND, we’ll get clean, renewable solar electricity out of the deal. Rather than expand transmission facilities, they would install fields of solar electric arrays that would feed into the grid. The beauty of this concept is that maximum solar electricity production roughly matches peak demand (both occur on the sunniest days of the summer), so the solar electricity would not only avoid brownouts, but would also lessen our overall need for fossil fuel electricity.

No one doubts that GridSolar’s plan would result in grid dependability. No one doubts that it’s less expensive. The big challenge with the proposal is that CMP’s proposal would only cost the state 8% of the project total because it would be funded through ISO New England.

While that sounds like a great deal for Mainers, it is a serious problem. True, we only pay 8% of the cost for our transmission upgrades, but we also pay 8% of the cost of Massachusetts’ upgrades. We don’t get to vote on the MA decisions, and MA does not vote on ours. This communist era funding mechanism allows the people who decide to put in transmission capacity to only pay a fraction of the real cost, and it creates a huge incentive to make power lines that no one really needs. As Richard Silkman said; “If every school district were offered 92% funding to put up a Giraffe farm, there would be a Giraffe farm in every district.”

This is crazy. At a time when we need more than ever to invest in renewable energy, conservation, and smart grid technology, the cards are stacked in favor of even bigger wires. Wires that we pay for, ultimately, and that keep us from making the important investments that will keep the lights on AND save the planet. Tell your friends and your elected officials, particularly Snowe and Collins, that we don’t want bigger wires feeding an ever bigger habit, but that now is the time to start weaning ourselves from the habit, every way we can.

UPDATE: We had a chance to interview Dr. Richard Silkman at MABEP’s training conference, Jan 2010.  View the video!


Business Owners Can Now Take a 30% Grant in Lieu of the Federal Tax Credit

Monday, August 3rd, 2009

Instead of waiting until tax time, business owners are now able to receive a cash grant for solar energy systems in lieu of the 30% tax credit.

The program is available for solar hot water and solar electric systems placed in service during 2009 or 2010, or after 2010 if construction began on the property during 2009 or 2010.

An online grant application is available at www.treasury.gov/recovery.

Applications can be submitted after the system is placed in service, or the building is under construction. All applications must be received before the statutory deadline of October 1, 2011. The Treasury will review the applications and make payments to qualified applicants within 60 days after the completed application is received.

To learn more go to Treasury Recovery. Please contact your local ReVision Energy office to learn how you can take advantage of this powerful renewable energy incentive and turn your roof space into a revenue stream!


Maine State Rebate Program Still Accepting Applications

Thursday, July 16th, 2009
Solar Energy Cumberland, Maine
Above is a 60-tube solar hot water collector array recently installed by
ReVision Energy in Cumberland. Solar hot water systems qualify for
a $1,000 state rebate and 30% federal tax credit, making your solar investment cash flow positive from day one.

Efficiency Maine is still accepting rebate applications for solar hot water and solar electric system installations. The program officially began accepting rebates on June 29, 2009 and will continue to do so until the funds are depleted.

This is a great opportunity for people who are considering a solar hot water or solar electric installation in 2009.

Solar hot water rebates, both commercial and residential, will be awarded in the amount of $1,000, and buildings that are Energy Star or Maine Home Performance rated may be eligible for a $1,500 rebate. For all solar electric systems the rebate is $2,000.

This program won’t last long, so get your application in now!

Sending in a pre-application form holds a rebate reservation if you decided to install a system in 2009. If you would like to receive a rebate application please contact ReVision Energy and we will gladly assist you.


Maine State Solar Rebate Program Has Re-Opened

Friday, June 26th, 2009
Maine State Solar Rebates
SunPower solar electric panels on a boathouse
overlooking Casco Bay in Falmouth

Efficiency Maine, a subset of the Maine Public Utilities Commission, reopened its rebate program on Monday June 29, 2009.

This is a great opportunity for people who are considering a solar hot water or solar electric installation.

UPDATE: The rebate program has continued into 2010!  See Efficiency Maine’s website for more details.

Solar hot water rebates, both commercial and residential, will be awarded in the amount of $1,000, and buildings that are Energy Star or Maine Home Performance rated may be eligible for a $1,500 rebate.

For all solar electric systems, the rebate amount awarded is $2,000.

In addition to the state rebates, you can receive up to 30% off a solar power or solar hot water installation thanks to federal tax credits.

The rebates will be awarded on a first come, first serve basis. If you think you are going to purchase a solar hot water or solar electric system and have it installed in 2009 or 2010 please contact our office to receive help in filling out the state rebate application.


An Act to Establish the Renewable Energy Resources Program

Wednesday, April 29th, 2009
Solar Panels installed in Back Bay, Portland Maine
Solar electric panels sit a top a home in Portland’s Back Bay area.

The Maine Renewable Energy Sources Act is important legislation designed to stimulate the rapid growth of renewable energy in Maine. Developed by the Midcoast Green Collaborative, the Act closely models Germany’s renowned ‘feed-in tariff’ law, which financially incentivizes home and business owners to install renewable energy-based power generation.

The law will require Maine’s utilities to pay a premium to residential and commercial renewable energy generators for the clean solar power that they produce. The funds to do this come from a small utility rate increase that affects all rate payers.

The price paid to clean electricity generators is locked in by a long term contract between grid operators and qualified generators such that renewable energy generators can expect a return on investment of at least 8% per year.

Germany pioneered the feed-in tariff concept in 1999, embarking the country on an incredible renewable energy growth spurt that has made it the worldwide leader in solar installations. Since implementation, the law has resulted in more than 2,000,000 renewable energy system installations and more than 239,000 new jobs. Grid reliability has also increased as a result, making the country’s incidence of blackouts the lowest in the world.

If passed, the Maine Renewable Energy Sources Act will rouse rapid growth of the state’s renewable energy economy, resulting in thousands of new jobs, reduced reliance on fossil fuel energy and greatly reduced CO2 emissions. Maine relies heavily on natural gas to produce electricity, which is part of the reason that Maine has the highest per capita CO2 emissions of all the New England states.

The Maine Renewable Energy Sources Act is currently being considered by the legislature and needs your support. Please contact your local state Senator and tell them that you want to see The Maine Renewable Energy Resources Program passed for a sustainable future.


Understanding Maine’s Solar Potential

Thursday, April 9th, 2009

People are always asking, Is there really enough sun in Maine for solar to offset my energy needs?

The answer is absolutely yes! Here’s why…

Insolation is the amount of solar energy hitting the earth’s surface and is measured in kW-hr/m2/day. The National Renewable Energy Lab has assembled worldwide insolation data to learn how much sun falls in a particular location so that one can draw a reasonably accurate conclusion as to the amount of solar energy that can be harvested on an annual basis. Below is an insolation map that has been cropped to show the relationship between Maine’s insolation versus eastern Europe’s.

Solar Power Insolation in Maine

Germany is the world leader when it comes to solar, yet Maine receives more sun!

Maine receives significantly more annual sunshine than Germany, the world leader in solar energy installations, yet is far behind to implement available renewable technology.

Germany has a powerful government incentive program that financially rewards people and businesses who invest in renewable energy. The ‘Feed-in Tariff’ law requires utilities to pay a premium to any home or business that generates clean renewable energy

The great news is that Feed-in Tariff legislation is currently under consideration in Maine. To support this legislation contact your local representative or senator and say that you support the Maine Renewable Energy Sources Act.

Although the US is generally far behind Europe in terms of renewable energy, we are seeing some hopeful signs of momentum building in favor of sustainable energy sources.

Currently, there is a 30% federal tax credit available for solar hot water and solar electric systems. In some states, like California, New Jersey, and Connecticut, there is also a sizable state rebate to help defray the upfront costs of a renewable energy investment. We are hopeful that Maine will be able to jump start its suspended rebate program in the near future with recent stimulus money (UPDATE: A $1000 state rebate is now available for solar hot water, and a $2000 rebate is available for solar power, thanks to Efficiency Maine)


Solar Calculator