NOT ONLY WILL THE CURRENT USAGE CHARGE CONTINUE TO INCREASE BY AT LEAST 5% PER YEAR, BUT WITH RECENT TALKS OF A "PEAK" USAGE CHARGE, A BUSINESS COULD ONLY BENEFIT FROM THE MANY ADVANTAGES OF THE GREEN INICIATIVE.
AS A BUSINESS YOU CAN APPLY FOR THE TENNESSEE FEDERAL GRANT. THIS WILL ALLOW YOU TO RECEIVE FEDERAL FUNDS BETWEEN $5000 AND $75000 DOLLARS TO HELP YOUR BUSINESS BECOME MORE ENERGY EFFICIENT. NOT ONLY WILL YOU BE DOING YOUR PART TO HELP PREVENT AN INEVITABLE CRISIS, BUT YOU WILL BE HELPING YOUR COMPANY GROW TOWARDS ENERGY EFFICIENCY. THIS GRANT IS PART OF THE ECONOMIC STIMULUS FUND, WHICH HAS LAID OUT CERTAIN FUNDS TO COMBAT GREENHOUSE GAS, AND TO HELP COMPANIES WITH HIGH ENERGY COST.
AS A BUSINESS YOU WILL ALSO RECEIVE THE FEDERAL TAX INCENTIVE OF 30%. YOU CAN RECEIVE THIS IN ONE OF TWO WAYS: EITHER AS A TAX WRITE OFF, OR AS A GRANT. THIS CREDIT WILL BE DEDUCTED FROM THE TOTAL TURNKEY COST OF YOUR RENEWABLE ENERGY PURCHASE.
THIS IS THE SAME INCENTIVE OFFERED TO HOMEOWNERS, BUT IT WILL ONLY BE IN THE FORM OF A TAX CREDIT IN THOSE CASES.