Specializing in Microturbine Power Generation from waste heat or waste fuel sources from you facility. We can supply cogen systems to produce a nomimaly 125kw of power from your waste heat or waste fuel sources such as biogas, methane, hydrogen or any other chemically produced waste gas.
Payback periods of less that two years.*
Just 2.85mmBtuh of recoverable heat can yield 125kw of power generation.
That can be the equivalent of $80,000 /year savings to the bottom line after ROI.
| WHG-125 Calnetix Waste Heat Gas Generator  |
TA-100 Calnetix Waste Fuel Generator  |
We are manufacturer's reps for Calnetix Power Solutions new line of power generation equipment employing the latest high speed rare earth magnet turbine power generators manufactured by Calnetix.
Calnetix new power generation line includes WHG125 Waste Heat Gas power generator and TA100 standalone gas generators.
To learn more about Calnetix Power Solutions, click here.
TAX INCENTIVE PROGRAMS AVAILABLE!!
USA Federal Tax Credit
Source:THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 – FEBRUARY 12, 2009
Treasury Department Energy Grants in Lieu of Tax Credits. Under current law, taxpayers are allowed to claim a production tax credit for electricity produced by certain renewable energy facilities and an
investment tax credit for certain renewable energy property. These tax credits help attract private capital to invest in renewable energy projects. Current economic conditions have severely undermined the
effectiveness of these tax credits. As a result, the bill would allow taxpayers to receive a grant from the Treasury Department in lieu of tax credits. This grant will operate like the current-law investment
tax credit. The Treasury Department will issue a grant in an amount equal to thirty percent (30%) of the cost of the renewable energy facility within sixty days of the facility being placed in service or,
if later, within sixty days of receiving an application for such grant.
OTHER TAX INCENTIVES
Incentive Type:
Corporate Tax Credit
Eligible Renewable/Other Technologies:
Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Geothermal Electric, Fuel Cells, Solar Hybrid Lighting, Direct Use Geothermal, Microturbines
Applicable Sectors:
Commercial, Industrial
Amount:
For equipment placed in service from January 1, 2006 until December 31, 2008, the credit is 30% for solar, solar hybrid lighting, and fuel cells, and 10% for microturbines. The geothermal credit remains at 10%.
Maximum Incentive:
$500 per 0.5 kW for fuel cells; $200 per kW for microturbines; no maximum specified for other technologies
Eligible System Size:
Microturbines less than 2 MW; fuel cells at least 0.5 kW
Authority 1:
Authority 2:
NOTE: Extended until 2016 with signed 2008 Energy Bill (part of Budget Bill)
Summary:
The federal Energy Policy Act of 2005 (H.R. 6) expanded the federal business energy tax credit for solar and geothermal energy property to include fuel cells and microturbines installed in 2006 and 2007, and to hybrid solar lighting systems installed on or after January 1, 2006. These provisions of the tax credit were later extended through December 31, 2008, by Section 207 of the Tax Relief and Health Care Act of 2006 (H.R. 6111). (A 10% credit was available to businesses that invested in or purchased solar or geothermal energy property in the United States prior to January 1, 2006.)
For eligible equipment installed from January 1, 2006, through December 31, 2008, the credit is set at 30% of expenditures for solar technologies, fuel cells and solar hybrid lighting; microturbines are eligible for a 10% credit during this two-year period. For equipment installed on or after January 1, 2009, the tax credit for solar energy property and solar hybrid lighting reverts to 10% and expires for fuel cells and microturbines. The geothermal credit remains unchanged at 10%.
The credit for fuel cells is capped at $500 per 0.5 kilowatt (kW) of capacity. The maximum microturbine credit is $200 per kW of capacity. No maximum is specified for the other technologies.
Solar energy property includes equipment that uses solar energy to generate electricity, to heat or cool (or provide hot water for use in) a structure, or to provide solar process heat. Hybrid solar lighting systems are those that use solar energy to illuminate the inside of a structure using fiber-optic distributed sunlight. Geothermal energy property includes equipment used to produce, distribute, or use energy derived from a geothermal deposit. It does not include geothermal heat pumps. For electricity produced by geothermal power, equipment qualifies only up to, but not including, the electrical transmission stage. Energy property does not include public utility property, passive solar systems, or pool heating equipment.
To qualify, the original use of the equipment must begin with the taxpayer or it must be constructed by the taxpayer. The equipment must also meet any performance and quality standards in effect at the time the equipment is acquired. The energy property must be operational in the year in which the credit is first taken.
If the project is financed in whole or in part by subsidized energy financing or by tax-exempt private activity bonds, the basis on which the credit is calculated must be reduced. (The formula is described in the tax credit instructions.) Subsidized energy financing means "financing provided under a federal, state, or local program, a principal purpose of which is to provide subsidized financing for projects designed to conserve or produce energy." Therefore, a business must reduce the basis for calculating the credit by the amount of any such incentives received.
Contact:
Public Information - IRS
Internal Revenue Service
1111 Constitution Avenue, N.W.
Washington, DC 20224
Phone: (800) 829-1040
Web site: http://www.irs.gov/
