Monday, February 23, 2009
DJH Construction, Inc. Adds A C-10 Electrical License Classification.
DJH Construction, Inc. is a licensed and bonded solar energy contractor. In addition to a B (General Construction) and C-46 (Solar) license, DJH has added a C-10(Electrical) license classification. The addition of the C-10 is further testament to DJH Construction, Inc.’s commitment to install high performance solar systems.
Thursday, February 19, 2009
DJH Construction, Inc. Helps Bullhead City Homeowners Go Solar
Bullhead City residents enjoy year-round sunshine and those going solar are tapping into this renewable resource to power their homes. According to Solar Energy Industries Association (SEIA), the southwestern United States possesses a world-class, well-distributed, and nearly untapped solar energy resource. It is most abundant in California, Nevada, Arizona, and New Mexico.
DJH Construction, Inc., a leading solar integration company, is helping homeowners in Bullhead City tap into this free and renewable resource by going SOLAR. Five significant incentives for homeowners include: a utility rebate, a 30% tax credit, a $1,000 Arizona State tax credit, and an Arizona property tax and sales tax exemption. In order to take advantage of the utility rebates, residents should contact their local utility to see what incentives are available and to reserve a rebate. Currently, Mojave Electric Cooperative is offering rebates of $4.00/watt DC up to $12,000 and UniSource Energy Services is offering residents $3.00/watt DC up to 60% of the cost of the system.
The financial benefits of going solar extend even further for business owners looking to go green. In addition to all the benefits the residential customer receives, a business is able to take advantage of an accelerated depreciation schedule and a larger Arizona state tax credit. The Arizona tax credit is equal to 10% of the installed cost up to $25,000 for any one building or a maximum of $50,000 in total credits in any one year. This state tax credit gives business owners the flexibility to apply the credit against their corporate or personal taxes. Business owners should consult their CPA regarding the benefits of the accelerated depreciation schedule and the federal tax credit as it pertains to their unique financial situation.
"We are encouraged by the growing demand for renewable energy by the residents of Bullhead City and look forward to installing many more high performance solar systems in Arizona," said Don Harris, President of DJH Construction, Inc.
pdf version of press release: http://www.prlog.org/10190622-djh-construction-inc-helps-bullhead-city-homeowners-go-solar.pdf
Wednesday, February 18, 2009
DJH Construction, Inc. Announces the Completion of a 19.44 kW Residential Solar System in Santa Ana, California.
SANTA ANA, CA., February 18, 2009 - DJH Construction, Inc., an Orange County based solar integration company, announced the completion of a 19.44 kW residential solar photovoltaic project in Santa Ana, California. This project is an excellent example of how DJH Construction, Inc. leveraged it’s unique engineering and design capabilities to coordinate the planning and management of this complex installation.
The 19.44 kW solar system was completed in January of 2009 on the residence of Jeremy and Sandy Kaslow. The photovoltaic system ties together a total of 90 photovoltaic panels onto over 1,530 square feet of roof space. The estimated annual production of this solar system is 29,144 kWh, providing almost 100% of the Kaslow’s electrical usage. The environmental impact of this system is a reduction in green house gas emissions by 500 tons of CO2 over the life of the system (25+ years). The reduction in green house gas emissions is equivalent to planting 19,996 trees or driving 1,694,576 miles in a small car. In addition to the utility savings, the Kaslow’s will receive a rebate check from their utility company and a 30% tax credit. “We are pleased to provide a quality installation to our clients and assist them in taking advantage of incentives that will provide long-term financial benefits,” said, Don Harris, President of DJH Construction, Inc.
Continued support on the Federal and State level for solar will help facilitate integrating renewable energy solutions on more homes and businesses. On February 17, 2009, President Obama signed into legislation the American Recovery and Reinvestment Act - a stimulus bill that proposes to provide additional incentives to those seeking to invest in renewable energy. A key highlight to the recovery bill is the renewable energy grant that provides grants equal to 30 percent of the cost of the solar system. This program will be administered by the Department of the Treasury and is in lieu of the section 48 investment tax credit. In a recent interview, Harris said, “We are excited that the solar provisions in the stimulus bill will pave the way for the United States to become a leader in incorporating solar energy as a standard. This bill will help fuel the economy with jobs and growth amid the economic downturn. We look forward to the changes and are grateful to be a part of this rapidly growing industry."
Tuesday, February 17, 2009
Solar and the American Recovery and Reinvestment Act
On February 17, 2009, President Obama signed the Economic Recovery Legislation. This bill marks a historic milestone within the solar industry and proposes to create 60,000 jobs in the solar industry in 2009 and a total of 110,000 over the next two years.
Three key points to the bill specific to photovoltaic and thermal solar are:
1. Renewable Energy Grants
2. Repeals Penalty for Subsidized Renewable Energy Financing
3. Remove Limits on Solar Water Heating
The renewable energy grants is a new program administered through the Department of Treasury that provides grants equal to 30 percent of the cost of solar property placed in service during 2009 and 2010. This grant replaces the section 48 investment tax credit. (Div. B, Sec. 1104, p. 38)
The bill also repeals the penalty for subsidized renewable energy financing. This allows businesses and individuals to qualify for the full amount of the solar tax credit even if projects receive subsidized energy financing (e.g. below market loans, tax preferred bonds, state grants etc.). This amendment shall apply to periods after Dec. 31, 2008. (Div. B, Sec. 1103, p.36)
The stimulus bill also removes the $2,000 monetary cap on solar water heating, providing a full 30% credit for qualified solar water heating property (Div. B, Sec. 1122(a), p. 46). Qualified solar water heating property is defined as used for a purpose other than heating swimming pools and hot tubs. In addition, the credit may be claimed against the alternative minimum tax.
Three key points to the bill specific to photovoltaic and thermal solar are:
1. Renewable Energy Grants
2. Repeals Penalty for Subsidized Renewable Energy Financing
3. Remove Limits on Solar Water Heating
The renewable energy grants is a new program administered through the Department of Treasury that provides grants equal to 30 percent of the cost of solar property placed in service during 2009 and 2010. This grant replaces the section 48 investment tax credit. (Div. B, Sec. 1104, p. 38)
The bill also repeals the penalty for subsidized renewable energy financing. This allows businesses and individuals to qualify for the full amount of the solar tax credit even if projects receive subsidized energy financing (e.g. below market loans, tax preferred bonds, state grants etc.). This amendment shall apply to periods after Dec. 31, 2008. (Div. B, Sec. 1103, p.36)
The stimulus bill also removes the $2,000 monetary cap on solar water heating, providing a full 30% credit for qualified solar water heating property (Div. B, Sec. 1122(a), p. 46). Qualified solar water heating property is defined as used for a purpose other than heating swimming pools and hot tubs. In addition, the credit may be claimed against the alternative minimum tax.
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