The Kraft Advantage - The U.S. Government’s ‘Limited Time Offer’

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Government Grants Make 2011 the Right Time To Invest In Alternative Energy Sources - Kevin Dostaler

...The United States government wants Americans to embrace alternative/renewable energy sources. To encourage us to do that, the government is temporarily subsidizing investments in projects that will help decrease our country's dependency on non-renewable energy sources.

Under Section 1603 of the American Recovery and Reinvestment Act of 2009, the United States Department of Treasury makes payments to eligible taxpayers who place in service specified energy property and apply for such payments.

...Generally, the qualified property must be placed in service between January 1, 2009 and December 31, 2011, to receive Section 1603 payments (grants). The amount of teh grants ranges from 10 percent to 30 percent of the cost basis of the property, depending on the type of property.

For example, if you put solar panels on your roof, you could be eligible to receive a grant amounting to 30 percent of the cost of the solar panels.

Participating in this program can be good for the environment, our country, your civic image (Go Green!) and your bottom line.

Please contact Kevin Dostaler at Kraft CPAs for more information: kdostaler@kraftcpas.com

Or visit the Database of State Incentives for Renewables & Efficiency