http://riskable.com/2006/08/21/empowering-america-act-of-2006 Riskable's home on the web Wed, 03 Dec 2008 23:05:15 +0000 http://wordpress.org/?v=2.6 http://riskable.com/2006/08/21/empowering-america-act-of-2006#comment-935 Riskable » Way to go Pelosi! She supports H.R. 550! Thu, 01 Mar 2007 04:41:26 +0000 http://riskable.com/2006/08/21/empowering-america-act-of-2006/#comment-935 [...] I just read some great news: Nanci Pelosi just met with the mayor of San Francisco to announce her support for the “Securing America’s Energy Independence Act”http://www.govtrack.us/congress/bill.xpd?bill=h110-550 It is a similar bill to the one I wrote about last year. So what’s the details of the new bill? It… …would extend the residential and commercial ITC for eight years, modify the residential and commercial tax credit for photovoltaic systems to $1,500 per half kilowatt, remove the 30% cap for commercial installations and the $2,000 cap on residential installations and provide three-year accelerated depreciation for commercial solar and fuel cell projects. It also changes the solar water heating credit from a maximum of 30% to an absolute credit of up to $2000 (which is awesome!). As you may be expecting, I’ve done the math… [...] [...] I just read some great news: Nanci Pelosi just met with the mayor of San Francisco to announce her support for the “Securing America’s Energy Independence Act”http://www.govtrack.us/congress/bill.xpd?bill=h110-550 It is a similar bill to the one I wrote about last year. So what’s the details of the new bill? It… …would extend the residential and commercial ITC for eight years, modify the residential and commercial tax credit for photovoltaic systems to $1,500 per half kilowatt, remove the 30% cap for commercial installations and the $2,000 cap on residential installations and provide three-year accelerated depreciation for commercial solar and fuel cell projects. It also changes the solar water heating credit from a maximum of 30% to an absolute credit of up to $2000 (which is awesome!). As you may be expecting, I’ve done the math… [...]

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