Wise Bread Community recommedation on using renewable energy

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Going green can be a matter of personal choice — of wanting to make your business better for the environment. But going green can also be good business. With the many tax deductions and credits available to business owners, making your company more sustainable can pay off when you do your taxes.

Using Renewable Energy

By using renewable energy, your business is eligible for tax deductions. If you find yourself in a position to provide some of your own energy, however, even as simply as by adding solar panels to your office's roof, you may qualify for a tax credit. More energy-related tax credits are available to manufacturing facilities and other specific types of businesses.

Helping Other People Go Green

Depending on your business, you may be able to claim tax deductions and credits for helping your customers make more sustainable choices. For instance, if you are a contractor building homes, you're eligible for a $2,000 tax credit for every energy efficient home you build, as long as it meets certain standards set forth in the Energy Policy Act of 2005. Deductions are also available for contractors building commercial space, as well as for the manufacturers creating energy efficient appliances for those green buildings.

Because of the variety of tax deductions and credits available, it's worth checking in with any industry associations that you're a member of, to make sure that you don't miss an opportunity.

Making Green Decisions

You have the opportunity to make sustainable business choices every day. While there isn't a specific tax incentive for choosing an Energy Star-rated printer over a less efficient model, you can still write off the purchase of a printer, no matter which model you choose. It may not have the same result as other tax incentives for going green, but it's important to remember as you're completing your tax return. It doesn't hurt that many of your green decisions, tax deductible or not, can help your bottom line, if only by reducing your electricity bill. You may also be eligible for rebates, loans and grants from your utility company and local government by improving your energy efficiency.

If possible, it is often best to take advantage of tax credits, rather than deductions. Because tax credits are dollar-for-dollar reductions of your total tax burden, they can be more valuable than deductions. However, they can be correspondingly harder to qualify for. In contrast, tax deductions lower your total taxable income: while a $100 tax credit lowers your tax bill by a full $100, a $100 tax deduction may only lower your tax bill by about $10.

Other business tasks related to the environment may also be deductible on your taxes. The costs to clean up hazardous wastes, including petroleum, are just one set of expenses that may be eligible as tax deductions. You must have approval from you state environmental agency to claim the deduction.

Gettng Your Tax Deductions

Many state and local governments offer tax incentives for businesses going green or offering green products. In the state of Nevada, for instance, businesses constructing new buildings that earn at least a Silver certification under the LEED Green Building Rating System are eligible for anywhere from a 25 percent to a 35 percent reduction of property taxes payable each year for up to ten years. Exactly what tax incentives are available differ by state, although there is one database that provides an in-depth list of opportunities: the Database of State Incentives for Renewables & Efficiency. You can search for opportunities by state.

Some specific deductions and credits require paperwork beyond your tax return and receipts. For instance, if you're claiming the Advanced Energy Manufacturing Tax Credit for a manufacturing business working on clean energy projects, you will be subject to review by the U.S. Department of Energy, as well as the IRS. You may be eligible for more deductions depending on the nature of your business. If you operate out of a home office, for instance, you may have access to additional opportunities for green tax incentives.

Because these opportunities can change from year to year, it's worthwhile to discuss your options with your CPA, preferably as early in the year as possible, so that you can plan ahead for your taxes. Not only can a CPA be instrumental in preparing your taxes, but he may also be able to direct you to specific tax deductions that you are eligible for and help you plan how to get the most benefit from them.

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Example Solar Powered Agricultural Center Pivot Sprinkler System

Roswell, New Mexico-- Infinergy Wind and Solar of New Mexico today announced the signing of an agreement with JJM Farms to design and install a 400 kW solar PV system in Dexter, NM.  The initial phase of the project that will begin immediately is to be installed between two center pivot sprinklers and will provide control and motive power for a large center pivot sprinkler as well as the deep submersible irrigation pump feeding that system. 

JJM Farms is a privately owned farming and ranching operation headquartered in the fertile Pecos Valley.  JJM have been innovators in the use of modern conservation methods to increase production and decrease costs.  The installation of the first solar photovoltaic irrigation power system in the area has created significant interest in Infinergy-supplied systems, as it promises to significantly cut one of Pecos Valley agribusinesses largest operating expense, pumping and distributing water to grow alfalfa, corn and feed for local dairies.

The JJM Farms solar installation is one of several commercial solar systems to be installed by Infinergy in eastern New Mexico.   In late 2009, Infinergy Wind & Solar announced an agreement with Elite Fitness Center, LLC, to install a state-of-the-art 95KW grid-tied Solar Power system at Elite’s 2101 N. Atkinson location.  Elite Fitness chose to “go green” for their state-of-the-art fitness facility and selected Infinergy to help them improve and maintain a healthy environment at the same time.  Infinergy engineers say that when completed, the roof-mounted photovoltaic solar system using the advanced Astronergy® CHSM modules will dramatically reduce Elite’s monthly energy bill while helping to reduce carbon emissions created by conventional power generation methods.

Other keystone projects on the horizon for Infinergy in New Mexico are the installation of a 100KW ground mounted solar system that will provide power for additional agricultural applications as well as a 100kW roof-mounted solar system designed to augment commercial power for a Roswell warehouse facility.  .

All of the Infinergy installations are accomplished in cooperation with Xcel Energy Company of New Mexico and are installed and tied-in on the commercial power grid by NABCEP qualified installers.  Infinergy Wind and Solar maintains the largest alternative energy dealer network in America. The company provides, designs, installs and maintains wind and solar power systems for agricultural, commercial, industrial, institutional, municipal and government, as well as residential applications through its extensive local dealers. With federal and state government incentives for alternative energy production, Infinergy wind and solar equipment is considered very affordable and Infinergy customers are pleased with the opportunity to "go green" as well as save money on their monthly utility bills. 

Elite Fitness Center, LLC, 2101 N. Atkinson location in Roswell will install a state-of-the-art 95KW grid-tied Solar Power system by Infinergy Wind and Solar of New Mexico in the first quarter of 2010.  

For additional information about wind or solar energy applications in New Mexico, contact Infinergy at 575-627-0936 or visit their website at www.newmexicosolarandwind.com.

Infinergy Wind & Solar announces new personnel

Infinergy Wind & Solar today announced Augustine (Augie) Conte and Douglas (Doug) Morgan as the latest management additions to the nationwide residential and commercial wind and solar design and installation Company.

Mr. Conte will serve as Infinergy’s National Accounts Manager.  He has complete understanding of complex alternative energy installations including residential, commercial, agricultural, non-profit and municipal applications. Based in New Jersey, Mr. Conte is a leading authority on solar and wind applications plus how government and power company incentives impact the affordability of “going green”.  He said, “Infinergy is on the ground floor of alternative energy solutions in America. Our dealer network means that home or business owners can install a cost effective energy solution with a reputable dealer nearby to keep it in top shape.” He added, “I am excited to be joining a team that has connected all of the dots for the consumer – from state-of-the-art system design to long-term customer service.”  

Joining Mr. Conte is another veteran of alternative energy, Mr. Doug Morgan.  Mr. Morgan joins the Infinergy team as the Washington, D.C. Branch Manager.  Mr. Morgan has achieved significant experience at negotiating and managing clean energy projects for small to large businesses throughout Maryland and the District of Columbia. Mr. Morgan will assist Infinergy’s dealer network in the northeast. He commented, “Working at Infinergy enables me to help give Americans the knowledgeable partner they seek to improve our environment and save money on power bills.”   

Mr. Conte and Mr. Morgan will assist Infinergy dealers in providing one-stop solutions for alternative energy system design and installation.  Infinergy is a US-based master distributor for state-of-the-art wind and solar energy products to include photo-voltaic and advanced thin film EPV solar panels, as well as grid-tie inverters and other alternative energy products. Infinergy installations are accomplished in cooperation with local utilities and are tied-in on the commercial power grid under the supervision of NABCEP certified installers.

Infinergy Wind & Solar Inc maintains America’s largest network of alternative energy dealers. The Company designs, installs and maintains wind and solar power systems for agricultural, commercial, industrial, as well as residential applications. With federal and state incentives, Infinergy’s customers can now afford to “go green” as well as save money on their monthly utility bills.

Inquiries to Murray Hambrick, 432-553-8617 murray@infinergywindandsolar.com 

www.infinergywindandsolar.com 

Roswell, New Mexico, October 22, 2009 -- Infinergy Wind & Solar today announced the signing of an agreement with Elite Fitness Center, LLC., to install a state-of-the-art 95KW grid-tied Solar Power system at Elite’s 2101 N. Atkinson location.  Elite Fitness operates a state-of-the-art facility where people can improve and maintain their health.  They have chosen to “go green” with Infinergy solar power to help improve and maintain a healthy environment at the same time.  Infinergy engineers say that when completed, the roof-mounted photovoltaic solar system, using the advanced Astronergy® 230W modules, will reduce Elite’s energy bill while helping to reduce carbon emission equal to thousands of automobiles in a typical year.  The System should be operational during the first quarter of 2010. 

The Elite Fitness Center installation will be the first of several commercial and residential systems to be installed by Infinergy in the Roswell area.  One of the next projects to follow will be a 100KW ground mounted solar system that will provide power for a center pivot irrigation system and pump.  Also on the Infinergy drawing board is another 100KW roof mounted commercial installation.  Plus, Infinergy is engaged in contract negotiations for a 1,500KW system for another Roswell business. 

All of the Infinergy installations are accomplished in cooperation with Xcel Energy Company of New Mexico and are installed and tied-in on the commercial power grid by NABCEP certified installers. 

Infinergy Wind and Solar maintains the largest nationwide alternative energy dealer network.  The Company provides, installs and maintains wind and solar power systems for agricultural, commercial, industrial, institutional, municipal and government, as well as residential applications through its extensive local dealers.  With federal and state government incentives for alternative energy production, the Infinergy wind and solar equipment is considered affordable and many of Infinergy’s customers are pleased with the opportunity to “go green” as well as save money on their monthly utility bills.

For additional information about wind or solar energy applications in New Mexico, contact Infinergy at 575-625-6776 or visit us online at www.infinergywindandsolar.com.

Infinergy Wind & Solar is pleased to announce the selection of its newest dealership for New England.  The dealership has been awarded to Andrew Thornton and B&D Associates.   B&D now joins the national dealer network for affordable home and small business Wind and Solar energy solutions.  

To be branded as Infinergy Wind and Solar of New England, the Company will be authorized to market SWEA and Wind Energy Solutions (WES), and Helix state-of-the-art wind products.   Other major product lines to be made available include the advanced thin film EPV Solar Panels, Evergreen Solar Panels, UniRac solar hardware and other alternative energy products provided by Infinergy Wind and Solar.  The Company will serve Vermont, New Hampshire, Connecticut, Rhode Island, Massachusetts, and northeastern New York. 

As a pre-requisite to being awarded the dealership, B&D Associates employees are undertaking extensive wind and solar training. That training includes “Solar and Wind Installation Certification”; which meet installer certification standards issued by Infinergy, and local and regional power delivery companies.  Those requirements include extensive training for solar and wind grid-tie applications and remote location power applications. 

B&D Associates is a long time New England based recycling and alternative energy supplier.  The Company provides a design-build approach for equipment installations and can provide service contracts for maintenance and periodic inspections to keep systems at peak performance.

Infinergy Wind & Solar Inc is a Texas-based Wind and Solar distribution company with the largest network of wind and solar dealers in the United States.   Infinergy is a US based master distributor for SWEA NL, Wind Energy Solutions NL solar and wind products from the Netherlands and thin film EPV solar panels made in the United States.  SWEA is a world leader in home wind and solar applications and specializes in horizontal wind turbines from 200watts up to 20kw in sizes for residential and commercial applications.   WES specializes in horizontal wind turbines in 80kw and 250kw sizes for commercial and wind farm applications. Infinergy is a master distributor of thin film EPV Solar panels.  Infinergy also distributes Helix Wind Turbines, UniRac solar hardware, Evergreen Solar Panels and Interstate batteries throughout the United States.  

Additional inquiries should be directed to Murray Hambrick 432-553-8617 murray@infinergywindandsolar.com or Andrew Thornton 603-863-1974 andrew@infinergywindandsolar.com. 

http://www.infinergywindandsolar.com

http://www.swea.nl

http://www.windenergysolutions.nl/

http://www.epv.net/

Infinergy Team