Tax credits could attract investments, boost production

10/7/2008 | TheStreet.com

The financial rescue plan passed last week makes renewable energy tax credits a certainty for those who want to use them. Businesses can get the credits if they invest in solar and wind power plants, and homeowners benefit if they use wind or solar power as well. The incentives will "attract investment, expand manufacturing and lower the cost of solar energy to consumers," said Roger Efird, chair of the Solar Energy Industries Association.

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