Energy Improvement and Extension Act

  • The Cap is Gone

    The Cap is Gone

    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...

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  • Solar Victory in the U.S.

    Solar Victory in the U.S.

    The first days of October were sunny days for the renewables in the United States. First the Senate and two days later the House of Representatives passed the Energy Improvement and Extension Act of 2008 which extends the 30 % investment tax credits (ITC) for solar thermal systems as well as...

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