Michigan Solar & Wind Power Solutions

USDA Farm Bill 9008 11/18/2008

Posted by Mark Hagerty

Are you a rural small business owner, as defined by the SBA?  Or are you a farmer who makes over 50% of your income from ag.?  If you answered yes to either of these questions, then the 30% federal tax credit is not the only incentive you have to go green!  The USDA Rural Development Division will shortly be accepting applications for 25% federal grants and up to 50% federally guaranteed loans.  This means you can get a loan for 50% of the system cost, and a grant for 25% of the cost.  So you come up with 25% down.  At the end of the year you receive a 30% credit of the system cost on your federal taxes. 

Contact us for details and for our assistance in getting your application in as soon as they start accepting them.