Stimulus Package has Green for Clean Energy

Stimulus Package has Green for Clean Energy

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leed-museum.jpgThe government is pulling out all the stops to get the economy’s heart beating again, including a large clean energy investment that’s part of The American Recovery and Reinvestment Act of 2009–the stimulus package. It provides about $80 billion altogether for renewable energy, energy efficiency, mass transit, updating the electrical grid and research.

Businesses that manufacture and install renewable energy systems will be big winners as the stimulus kicks in, potentially creating millions of jobs and thousands of businesses across the country.

The stimulus allows those installing solar power to apply for a cash grant instead of a tax credit and get the money back in 60 days. These grants will bring investors back into solar and wind, ensuring strong growth.

(Read more of the report in Entrepreneur)

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