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Title: Current and Past DWT Policy (Presentation)

Conference ·
OSTI ID:1022395

ARRA repeals individual dollar caps written into the small wind ITC provision in the Emergency Economic Stabilization Act of 2008. Eligible homeowners and businesses now allowed to claim full 30% ITC for qualified small wind energy property. Even amid a recession, this tax credit 'is going to blow the top off the market' - Ron Stimmel of AWEA. AWEA predicts the federal subsidy could help small turbine market grow by 40-50% annually, a boost that would parallel the growth of the U.S. solar photovoltaic industry after a similar 2005 initiative.

Research Organization:
National Renewable Energy Lab. (NREL), Golden, CO (United States)
Sponsoring Organization:
USDOE
DOE Contract Number:
AC36-08GO28308
OSTI ID:
1022395
Resource Relation:
Conference: Windpower 2009 Conference & Exhibition [Full Conference Materials DVD-ROM], 4-7 May 2009, Chicago, Illinois
Country of Publication:
United States
Language:
English