Solar Energy Financing Beltsville MD

Local resource for solar energy financing in Beltsville, MD. Includes detailed information on solar power, energy efficiency projects, and solar energy financing as well as advice and content on utility-supplied power and solar energy system.

Mid Atlantic Solar Energy Society
(404) 522-4775
P.O. Box 27
Harwood, MD
 
Mid Atlantic Solar Energy Society
(404) 522-4775
P.O. Box 27
Harwood, MD
 
Constellation NewEnergy
(866) 237-POWER (7693)
100 Constellation Way
Baltimore, MD

Data Provided By:
Millennium 3 Energy
(301) 745-4180
17907 Garden Spot Drive
Hagerstown, MD
Services
Commercial and residential solar PV; other solar

Jack Dale Associates Inc
(410) 662-1117
911 W 36th St
Baltimore, MD
 
Switch Renewable Energy
(866) 387-4122
20632 Highland Hall Drive
Gaithersburg, MD
 
Switch Renewable Energy
(866) 387-4122
20632 Highland Hall Drive
Gaithersburg, MD
 
SunWire Energy
(410) 691-3129
6400 Baltimore National Pike, 170-A, #183
Baltimore, MD

Data Provided By:
Intelligent Resources Associates
(301) 937-8900
10764 Rhode Island Ave
Beltsville, MD
 
Sonex Research Inc
(410) 266-5556
23 Hudson St
Annapolis, MD
 
Data Provided By:

Solar Financing, Subsidies and Incentives

Countries around the world offer incentives and tax breaks for investment in solar and renewable energies. This makes sense for a number of reasons.

It's a little-known fact that governments subsidize the petroleum industry. In the U.S., for example (according to sources), between 5 and 10 billion dollars a year of taxpayers' money goes to the petroleum industry. Less than 500 million a year goes to renewables.

Around the world, fossil fuels are more expensive. Governments recognize the finitude of oil reserves and their damage to the environment. They encourage consumers to switch to renewable energies that tap into free sources and do far less harm to the environment.

For example, in 1994, the government of Japan introduced incentives for solar energy. This program has resulted in a 72 percent reduction in the average cost of solar energy systems, due to the expanded market availability and increased efficiency of distribution. Solar energy is now competitive in Japan, and the need for incentives is being reduced.

Germany is following in the footsteps of Japan, using incentives to encourage the use and popularity of solar, and it hopes to rely solely on renewable energy sometime in the next 15 to 20 years.

Be Sure to Apply
Before You Buy.

For Canadian residents, the Canadian Solar Energy Industry Association provides a list of government incentives .

In the USA

American incentive programs are increasing. California's Million Solar Roofs initiative is the latest (as of 2005) of a number of solar energy tax breaks being legislated in the US.

You can read about state and local incentives on the DSIRE database.

Here is a list of Federal initiatives from the database (taken from dsireusa.org):
Corporate Depreciation: Modified Accelerated Cost-Recovery System (MACRS)
Corporate Exemption: Residential Energy Conservation Subsidy Exclusion (Corporate)
Corporate Tax Credit: Renewable Electricity Production...

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