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Topic : tax-credit


Tax credits melt costs for solar hot water heaters

March 2nd, 2009

By Clint Williams
Green Right Now

Hot showers are now on sale.

The $787 billion economic stimulus package signed into law last month by President Barack Obama expands the tax credit for the purchase of a solar water heating system, significantly reducing the price tag of a system.

The federal tax credit had been capped at $2,000. That limit is now lifted and the tax credit is 30 percent of the cost of a solar water heating system.

[Read more →]

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