Hey, from the kooky legal corner, its Brennan and Daniel! We are both new to the Alliance for Affordable Energy, but boy oh boy have our eyes been opened to energy regulation! Recently, Casey, our executive director, and the Alliance staff took us on a magical journey to see the Louisiana Public Service Commission in action.
The environment and the ways that we use and abuse it have given film makers plenty of material to work with. Whether it’s documentary style or independent film and even on occasion straight up Hollywood, there are loads of films out there with environmental themes. Here are five that we’ve picked out to get you started.
The Alliance submitted comments to the EPA yesterday on the National Water Programs 2012 Strategy: Response to Climate Change. We commended their continuing focus on the issue of climate change/global warming, and its interconnections with vital environmental and societal concerns in the National Water Program.
Earlier this month a catamaran made its way around the world and it made the trip using only solar power.
Louisiana residents enjoy the highest state tax credit in the country for the purchase and installation of solar hot water, solar electric, solar pool heaters, wind generators, and wind energy systems. The amount of the credit is equal to 50% of the first $25,000 of the cost of each system. This includes installation costs (unless the taxpayer is installing the system). You can put as many systems on one home until 100% of your home’s energy comes from solar, and still receive the state tax credit on each system. This of course, is only for residential homes and apartment buildings.
The state tax credit may be combined with any federal tax incentive, but it may not be combined with any other state tax incentive. Whenever additional incentives such as cash rebates, prizes or gift certificates are offered in addition to the tax credit, the eligible cost must be reduced by the value of the incentive received.
There is also a 30% Federal tax credit incentive for installing these alternative energy systems. That’s 80% combined tax credits for Louisiana residents interested in investing in clean energy. Even with these incredible savings, most homeowners still can’t afford alternative energy systems.
In July 2009, the law was extended to allow for solar leasing. Basically, the tax credit can go to another person or business that purchases the system rather than property owner. Then, the person who owns the system rents it to the property owner. This law helps low income folks afford a clean energy system.
The tax credit may be applied both to solar-electric systems (photovoltaic systems) and solar-thermal systems, when the energy is used for space heating, space cooling or water heating. Solar thermal systems must be used for the primary purpose of heating water (including pool heating), space heating or space cooling. The credit must be fully claimed in the taxable year in which the system is installed and placed in service. Any excess credit which exceeds the taxpayer’s liabilities for that year shall be treated as an overpayment, and the Louisiana Department of Revenue will issue a refund for the remaining amount within one year of receiving the claim.