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The U.S. Department of Energy and the U.S. Department of the Treasury announced they are now accepting applications for the funding of renewable energy projects. The solar portion of the program will pay 30% of the property basis used for solar projects in the form of direct payments oppose to tax credits. Facilities built and placed in service beginning January 1, 2009 are eligible for the grants.
For the Full News Release follow the below link:
http://apps1.eere.energy.gov/news/progress_alerts.cfm/pa_id=217
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