Monday, September 22, 2014

Alternative Energy Grants

Alternative Energy Grants Biography
How To Get Renewable Energy Grant Money from the U.S. Government
How does one go about applying for the new government program that allows a solar, wind project or other specified energy property to receive a cash grant from the U.S. Treasury in lieu of a 30% tax credit? -- Michael W., Hartford, CT.

Michael, I’m glad you asked. As someone who recently completed this process, I can tell that there are multiple steps but the process works.

The entire application is online. First, you go to the United States Department of the Treasurys Application Submission Page for payments in lieu of tax credits for specified energy property. These payments are authorized by Section 1603 of The American Recovery and Reinvestment Acts tax title signed into law on February 17, 2009.

Once you are on the site, you need to check out the guidance section by clicking the link under the first two paragraphs. For the guidance document, Terms and Conditions, and sample application form, go here.

Here in the guidance section, you will find a complete example of a submission and all of the other material you will need to go ahead.

It is especially important to make sure to then scroll to the bottom of the page to the Important Reminder section. Here you will need to apply for a CCR – a Central Contractor Registration. You must get a CCR number there before you will be allowed to proceed with your application. To apply, you’ll need your DUNS number, your Tax Identification Number (TIN) and various other pieces of information about your business.

Alternative Energy Grants