Solar Energy Financing Highland Park MI

Local resource for solar energy financing in Highland Park, MI. 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.

Community Energy Solution Program
(313) 397-6235
6327 Burlingame St
Detroit, MI
 
Woodward Pechtree Capital Partners
(313) 963-6866
3434 Russell St
Detroit, MI
 
Whitley Auditing Firm
(313) 531-8254
19512 Northrop St
Detroit, MI
 
The Solar Specialist
(800) 29S-OLAR
8130 Canton Center Rd.
Canton, MI
Services
Solar electricity (PV), solar hot water, solar pool heating, solar space heating, tubular skylights, solar attic fans.

Great Lakes Renewable Energy Association
(517) 646-6269
257 South Bridge Street
Dimondale, MI
 
Woodward Peachtree
(313) 963-6866
535 Griswold St
Detroit, MI
 
Infinity Energy Inc
(313) 964-0565
65 Cadillac Sq Ste 2815
Detroit, MI
 
Mechanical Energy Systems
(734) 453-6746
8130 Canton Center Rd.
Canton, MI
Services
Solar Electric (PV), Solar Water heating, solar pool heating, solar space heating, solar attic fans, tubular skylights, high efficiency furnaces and A/C

Cresit Energy
(734) 283-4595
4082 Biddle Ave.
Wyandotte, MI
Services
Photovoltaic, solar hot water, design, lighting,batteries, inverters,solar pool heating

Woodward Peachtree
(313) 963-6866
535 Griswold St
Detroit, MI
 

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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