Net-Metering
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Maximum capacity limit for residential systems is 25 kW.
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Eligible technologies for net-metering include; solar, wind, hydroelectric,
biomass and geothermal systems.
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Customers who net-meter own their own renewable energy credits.
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The net excess generation of each customer is carried over to the
following monthly bill at the utility’s retail rate as a credit.
Utility loan programs
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In the state of Arkansas, there are a few utility loan programs
provided by municipal utility companies. These loans are for energy
efficiency home improvements.
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Here is a list of utilities and their loan programs:
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First Electric Cooperative – Home improvement loans
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North Arkansas Electric Cooperative, Inc – Residential
energy efficiency loan program
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Ozarks Electric Cooperative - Residential energy efficiency
loan program
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Petit Jean Electric Cooperative - Energy efficiency loan program
Residential Renewable Energy Tax Credit
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This personal tax credit allows the taxpayer to claim a credit
of 30% of expenditures including labor costs and installation of qualified
residential solar-electric systems, solar water heating systems or
fuel cells. Small wind-energy systems and geothermal heat pumps can
also be accredited for.
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Solar-electric systems and solar water heaters have a maximum incentive
of $2,000 if placed in service before 2009. There is no maximum incentive
for systems placed after 2008.
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The excess amount of the federal tax credit may be carried forward
to the next taxable year if it exceeds tax liability.
Residential Energy Conservation Subsidy Exclusion
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This is a personal exemption of 100% of energy conservation subsidies
provided by public utilities.
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The value of a purchase or installation of any energy conservation
measure by a customer such as solar water heat, solar space heat or
photovoltaics will not be included in the customer’s gross income.
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Customers of an electric utility company, who participate in the
utility’s energy conservation program, may receive a rate reduction
of electricity furnished or a nonrefundable credit against the purchase
price of the electricity on each monthly electric bill.
Energy-Efficient Mortgages
