subject: Rebate Company - Incentives for Renewable Energy - Wisconsin [print this page] Rebate Company - Incentives for Renewable Energy - Wisconsin
Renewable Incentive is starting to make the subtle changes across the cities of Wisconsin. This is the result of the offer to the different Wisconsin based firms to invest in renewable energy projects. Their dream project is called Large Renewable Energy System Competitive Initiative. With this offer the stat wishes to attract the different companies to start the large scale project for renewing energy too. LRESCI will not only give the tax break to these businesses, but also thirty percent of the total investment too.
More then thirty percent of the project relating to large scale renewable energy generation can be funded by the state. The project however should be well documented and researched too. Similarly the project should come from the sound financial backing too to ensure that the project will be completed in time.
Application for this initiative in Wisconsin is open for every one. This includes schools, businesses, farms, shopping malls, and even city governments as well. The application for this can be submitted to the LRESCI page, and the last date for application for this is 30th April 2011. It is also said that the amount and total number of projects for the incentive will depend upon the number and quality of proposal.
These incentives can be taken if you are using any of the alternate energy generation method including, Solar, Hot Water, Wind, Chemical, Bio-Gas, and even Anaerobic ones. The study group Focus on Energy is taking this as great opportunity for investment. In recent time the renewable energy measures have become quite efficient and this initiative has made them more affordable too. In true sense you only need a certain amount of cash to kick start a project, for a business man an incentive like this means that they can ensure the investment from the other sources like banks and loans as well. This will mean a quick payback on investment too.
The selection criteria of this incentive is simple, the firms with some experience in the alternate energy sector are preferred. Similarly the project quality is important as well. The project should also have the ability to expand as well. The project should be able to support the energy requirement of for future and current needs too. This means the projects which continue using the traditional energy resources are not preferred. One important part of this incentive is that the applicant Rebate Processing Center should complete the project with in the stipulated time as well. This means the project should be running sufficiently with in the desirable time limit too.
