Here at Solar Ray, Inc. we believe in an Economy based on small businesses and a reduction in big government and global corporations. We feel the government's job is not to hand out projects with Americans' hard earned tax dollars, but to Level the Playing Field. Therefore, rebates and incentives are NOT the answer. In the early 80's, solar's credibility was tarnished by "Fly by night" outfits selling rebates for misdesigned systems that never worked.
To level the playing field, we don't need handouts, we just need the government to stop its corporate welfare program that heavily subsidizes fossil and nuclear fuels. Renewable power is ready now to compete with any other energy source on a level playing Field minus subsidies for rich or poor.

The carbon credit program is such a leveler. By actually making Utilities pay for their damage to the environment, they are now buying renewable energy to avoid penalties. PNM has recently signed a very forward thinking agreement to buy back their customers' surplus solar energy from grid- tied systems. Instead of just turning the meter backwards as was mandated by the net metering law, PNM has agreed to pay 13 cts/ kWH for energy produced in addition to turning the meter backwards. This adds up to almost 20 cents/ kWH payed for solar power! and encourages high performance. PNM in return gets renewable energy it needs to stay legal, and meets its peak demands to better avoid costly black outs. (Taos Area residents aren't in PNM's district and so we can't take advantage of the deal.)

Please remember to have your Tax Preparing Professional help you with obtaining any rebate suggested on the SolarRay website.

Governor Richardson Signs Solar Tax Credit Legislation

March 3, 2006
Jon Goldstein 505-476-2248

(Santa Fe, NM) -- Governor Bill Richardson today signed a key piece of legislation passed during the recently completed legislative session. Senate Bill 269 creates a solar tax credit to encourage New Mexicans to purchase solar systems and to stimulate New Mexico’s solar power manufacturing industry. The Governor signed this bill today at the Indian Pueblo Cultural Center in Albuquerque, home to a solar power array built by Albuquerque’s Sacred Power.

“We can do a lot to develop jobs and to create competitive energy markets here in New Mexico with this kind of legislation,” said Governor Richardson. “This bill helps us take advantage of our world-class solar energy resources to keep New Mexico the Clean Energy State.”
SB 269 provides $3 million in tax credits for consumers who want to install solar electrical systems and $2 million for thermal systems. These systems will help New Mexicans escape the high costs of natural gas for heating their homes and their hot water.
This legislation, along with the solar tax credits offered by the federal government, will give consumers about one third off the cost of a typical new residential solar system.
“With this bill we’ll have one of the best incentives in the country for these new solar systems,” said Governor Richardson. “This legislation will benefit all New Mexicans. It will increase the use of New Mexico’s abundant solar resources, which will result in cleaner air and water and more economic development. It will reduce greenhouse gas emissions. It will give us added energy security and independence. And last, but not least, it will save consumers money on their utility bills.”

Does your state offer Rebates?
Click on the link below to go to DSIRE, the Database of State Incentives for Renewables & Efficiency. It will help you find what your state has to offer.

Link to state by state rebate info

Read more about H.R. 6111 from SEIA

Get it before its gone

	Reprinted from SEIA's website.
Please click on their logo for up to date info

Congress Extends Federal Solar Energy Tax Credits Through End of 2008

Or at least they tried to do it.

But the Senate did not. Make a difference, write your elected officials and let them know what you think about it.

Some Information Here reprinted courtesy of Solar Energy Industries Association

Link to state by state rebate info

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