Federal Tax Credit for Consumer Energy Efficiency – Fuel Cells Power Generators and Microturbine System
Posted by Norman F, January 30th, 2012
Fuel Cell Power Generators are now available for residential, home use. They claim to reduce your utility bills by up to 50%, and to cut CO2 emissions by over 33%. They take natural gas and produce electricity and heat for your home. ClearEdge is one of the providers of MicroCHP (combined heat and power) residential fuel cells.
A Federal Tax Credit for Energy Efficiency – Fuel cells and Microturbine System is also available. This can save homeowners 30% of the cost of the fuel cell unit, up to $500 per .5 kW of power capacity. This will typically yield a $5000 total tax credit. Businesses have a 30%, up to $3000 per kilowatt tax credit, making $15,000 tax credit available.
This Federal Tax Credit for Fuel Cells especially well when coupled with a state rebate program.
Filed under: Alternative Energy, Conservation, Eco Friendly, Effort, Energy, Hard, Home, Money, Reduce | Tags: fuel cell power system, Microturbine System, Natural Gas |