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American Recovery and Reinvestment Act

USA: Each Month a new Subsidy Programme in a Northeastern State

Submitted by Baerbel Epp on January 29, 2011

Northeast of the USA” During the last months, the states in the Northwest of the US have enjoyed one incentive programme after another. Since October 2010, there has been a new or improved incentive programme announced each month, beginning with Connecticut last October. New Hampshire followed in November, New York State in December and Massachusetts in January.
Figure: Christine Griebel & Nancy Chaplin

The Cap is Gone

Submitted by Baerbel Epp on February 20, 2009

U.S. President Obama's signature on the American Recovery and Reinvestment Act effectively removed the existing US$2,000 cap for the tax rebate of residential solar thermal systems. Whoever buys a new solar thermal system in 2009 can deduct 30 % of the investment costs from his or her income tax – giving a significant advantage to applications for space heating or air conditioning.

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