Solar Energy
Solar power is energy from the sun that is converted into thermal or electrical energy. Solar energy is the cleanest and most abundant renewable energy source available, and the U.S. has some of the richest solar resources in the world. Solar technologies can harness this energy for a variety of uses, including generating electricity, providing light or a comfortable interior environment, and heating water for domestic, commercial, or industrial use.
How does Solar Energy help the environment?
Solar energy can also improve air quality, reduce water use from energy production, and provide ecosystem services for host communities through carbon sequestration, pollination, and ground and stormwater management.
How much would it cost?
The cost to invest in these are very high, depending on the size and where you are located it can cost anywhere from $8,000, $50,000 to $80,000 a year.
Cost
$13,243 - $17,917
Tax Rebate Rate
$0.02/kWh
Installation Cost
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Wind Energy
Wind Energy is a form of renewable energy that harnesses the power of the wind to generate electricity.
How does Wind Energy benefit the environment?
Generating energy from the wind does not release any carbon emissions. By replacing electricity generated from other sources such as fossil fuel power stations, wind energy can lead to an overall reduction in carbon emissions. The energy used in manufacturing and installing wind turbines can also be paid back relatively quickly. For a large wind turbine on a good site this can be as quick as six to eight months. It is a very clean energy source, which does not release any pollution or produce any waste during operation.
How much would it cost?
The cost to invest in these are very high, depending on the size and where you are located it can cost anywhere from $8,000, $50,000 to $80,000 a year.
Cost
$42,000 - $48,000
Tax Rebate Rate
$0.02/kWh
Installation Cost
$3,000 to $8,000 per kilowatt of capacity
Geothermal Energy
The basic geothermal appliances for a home and property are heating, cooling, and generating electricity. This is made possible by geothermal heat pumps and geothermal power plants.
How much does Geothermal Cost?
Solar energy can also improve air quality, reduce water use from energy production, and provide ecosystem services for host communities through carbon sequestration, pollination, and ground and stormwater management. A 30% tax credit can also be claimed for any homeowner who purchases and installs a geothermal heating system. The person making the purchase may deduct 30 percent of the cost of the unit and installation and deduct it from his or her taxes.
Climate changing throughout the year can negatively stunt the growth and production of geothermal electricity and power.
Cost
$800 - $50,000
Tax Rebate Rate
$250 per taxpayer
Installation Cost
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