Archive for April, 2008

Tax Credits coming for using green energy

April 1, 2008

If you haven’t signed up for DTE’s Green Currents program yet the state of Michigan has proposed to make it cost effective for you to do so.

Michigan Senate has voted to require that state government use more green energy. SB 1000 approved unanimously would require that 3% of electricity in state buildings come from renewable sources by 2009 , 10% by 2010, 20% by 2020, and 25% by 2025. Republican senators favor their approach over proposed renewable requirements in the House that would affect all utilities and power providers in Michigan. The Senate bill would let the state off the hook if renewable energy costs 5% more than traditional power.

Michigan Senate has also voted to require electric suppliers to offer green power programs (SB 1041).  SB 1040 passed and will provide up to a $200 tax credit for a homeowner to cover any extra costs of participating in a green power program.