Due to ignorance many potential beneficiaries are not taking part in government’s program to not only stimulate the economy but to increase the use of renewable and green energy alternatives.
"The largest barrier to adopting a green building policy nationwide is buyer awareness of the significant savings that can be achieved by incorporating these features," said Helen Kendrick, spokeswoman for SunPower Corp. (SPWRA), which supplies solar panels to buildings.
The long-awaited list of procedures and rules for the application for either cash grants or tax deductions was finally released on July 9th by the Treasury Department under the directive of the stimulus package. Up to 30% of the cost of fixing up buildings or properties to make them more energy efficient or to change those into facilities for renewable energy are available to eligible applicants.
But the real benefit will be felt in the significant savings in energy expenses over the long-term for the newly refurbished buildings. These improvements are not only a financial investment but an investment in our future as well.