Solar Energy Financing Excelsior MN

Local resource for solar energy financing in Excelsior, MN. 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.

Minnesota Renewable Energy Society
(612) 963-4757
2928 5th Avenue S.
Minneapolis, MN
 
Pro Energy Consultants
(651) 233-2085
1670 Robert St S #295
St Paul, MN
Services
Home Energy Audits

GeoPro4u, Wind, Solar, Hydrogen, Geothermal
(507) 252-1213
8659 43rd AV
Stewartville, MN
Services
Geothermal, Solar, Wind

American Resource & Energy
651-330-1263 ext 28
413 Wacouta Street
Saint Paul, MN
Services
Wind Turbine Towers, Tower Raising Systems, Portable Foundation Systems, Micro Turbine Applications, Educational Systems, Hybrid Lighting Systems, Custom wind tower solutions for turbines 100kW and below

Arrowhead Energy and Comfort Solutions
(218) 590-9000
379 Erkkila Rd
Esko, MN
Services
Energy auditing and blower door testing

Minnesota Renewable Energy Society
(612) 963-4757
2928 5th Avenue S.
Minneapolis, MN
 
Solar Connection Inc.
(507) 292-8400
907 11th St SW
Rochester, MN
Services
Solar system design and installation

IGI INC
(651) 354-2913
625 University Ave W
Saint Paul, MN
Services
We supply, design, install solar electric,solar heating, cooling systems.

IGI INC
(651) 354-2913
625 University Ave W
Saint Paul, MN
Services
We supply, design, install solar electric,solar heating, cooling systems.

Center For Energy and Environment
(612) 335-5885
324 S 5th St
Minneapolis, MN
 

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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