Wednesday, October 23, 2013

Sun Powered Sustainable Green Communities

What would happen if a Town could claim to be 100% /green energy producer for their own Town facilities?
This is exactly what the Town of Williamson hopes to achieve before July 4th 2014.
How?
This Town  in Wayne County NY has partnered with a Solar Developer and signed a Power Purchase Agreement in September to buy power generated by Solar PV system to be installed at the Old closed landfill.
Next year in summer of 2014 they expect this solar system to produce enough electricity to be equal to their total Town facility consumption per year. This will set them free from future increases in power cost and produce low cost power for next 40 years.
So how much capital cost the Town will pay for this project?
Zero!
This is only possible because the State Incentives and Federal tax credits make the investment by third party very attractive and a power consumer can reap the benefit by simply agreeing to buy power from the private party,
If you are a New York State community and want to be energy independent- what are you waiting for?

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Saturday, December 31, 2011

Green Energy Tax Credits ending Tonight. Future?

People who are interested in generating Green power are promised a 30% tax credit on project cost as long as project began in 2011. Many Farms, businesses and institutions are signing contracts before the end of this year to lock in the tax credits. The amount of this incentive could be very large. For example a farmer building the digester and bio gas energy generation system at 2.5 million dollar cost could be entitled to $750,000 tax credit. If other grant incentives are available then 50% of the cost may be covered from State energy and USDA grants.

These projects become feasible if lending institutions or Economic Development loans are available to pay for upfront costs and make the project a smart investment for the Farmer.

Losing the 30% tax starting next year is a big setback to the sustainability and Green programs. Please let the politicians know that extending these credits is a critical investment in America's future.

In the past, America has dumped Billions of Dollars in Foreign wars on weapons and human capital. This must end with the new energy independence war that invests money in America to help American businesses.In the end the oil is replaced with local green power,local jobs are retained and environment is protected. Win-Win is much better than wasting money on protecting the enemy interests because we buy oil from them.

Let us hope that the new Government in 2012 would make smart move and embark on the war for energy independence. By July 4th,2020 we could be free from importing oil.

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