On October 3, 2008, the Emergency Economic Stabilization Act of 2008 was signed into law, in an attempt to deal with the current U.S. financial crisis. While the Stabilization Act covers several areas it is historic legislation for the solar industry and those pushing for solar living in a greener world. "This long-term extension of the solar tax credits will create a domestic solar industry with hundreds of thousands of jobs while providing clean, affordable, carbon-free energy to millions of American families, businesses, and communities," said Rhone Resch, president of the Solar Energy Industries Association (SEIA), in response to the bill being passed. These tax credits are not small pickings. For instance, the 30% tax credit for solar installations, both residential and commercial, has been extended to eight years. For the layman, this means that any solar installation for your home or business receives a 30% tax credit for eight years.

Asin
BootsOnTheRoof.com