Act now to get a tax credit for small wind systems installed before the end of the year

Act by year-end: If you’ve been thinking of getting your own small wind or wind-solar hybrid system, this is a great time to act. The tax benefits for purchasing systems are significant – 30% of the entire installed system, less incentives, can be claimed as a tax credit, and there are even more benefits if you own a business.

If you are a home or boat owner:

If you install a small wind system by December 31 you can take advantage federal incentives on your 2011 taxes. Installation of Skystream systems can take a month or more with permitting, excavation and concrete work, so it’s essential to act now. Our off-grid battery charging systems also qualify. They can be installed in just hours at your remote, home, cabin, or on your boat or RV. But you must act now as time is running short..

If you own a business:

If you own a business, you can receive a 30% federal tax credit in the form of a deduction on tax liabilities owed for up to 5 years after the installation of the Skystream or you can get a grant from the U.S. treasury if it’s installed by the end of 2011.

In addition, business owners are  eligible for a 100% bonus depreciation (write off) on capital investments installed by Dec. 31, 2011. In 2012, the benefit is reduced but still significant. If you’re thinking of investing in a small wind or wind-solar hybrid system for your business, act now to write off 100% of the cost for 2011.

Get the details: FAQs