Congress Approves Renewable Energy Grants for Another Year

Congress Approves Renewable Energy Grants for Another Year

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solar roof install by Hawaii studentsAs Congress approved the tax deal last week, they also extended the 1603 Treasury grant program -– a popular government incentive for renewable energy projects.

The measure, which covers up to 30% of the cost of solar, wind and other alternative energy installations, was considered a key buffer for the industry during the recession. It was due to expire at the end of the year.

(READ the story in the LA Times)

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