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	<title>Lakes Region Real Estate &#124; Prudential Spencer Hughes &#187; Tax credit</title>
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		<title>Wind Power in New Hampshire&#8217;s Lakes Region</title>
		<link>http://blog.spencerhughes.com/lake-winnipesaukee/wind-power-in-new-hampshires-lakes-region/</link>
		<comments>http://blog.spencerhughes.com/lake-winnipesaukee/wind-power-in-new-hampshires-lakes-region/#comments</comments>
		<pubDate>Mon, 20 Apr 2009 17:10:24 +0000</pubDate>
		<dc:creator>Jim Ferriman</dc:creator>
				<category><![CDATA[Lake Winnipesaukee]]></category>
		<category><![CDATA[Lakes Region]]></category>
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		<category><![CDATA[alternative energy]]></category>
		<category><![CDATA[alternative energy sources in nh.]]></category>
		<category><![CDATA[Energy development]]></category>
		<category><![CDATA[New Hampshire]]></category>
		<category><![CDATA[spencer hughes blog]]></category>
		<category><![CDATA[Tax credit]]></category>
		<category><![CDATA[wind turbine]]></category>
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		<guid isPermaLink="false">http://blog.spencerhughes.com/?p=25</guid>
		<description><![CDATA[Wind Powering America indicates that New Hampshire has wind resources consistent with utility-scale production. More importantly for homeowners, New Hampshire has in place an integrated energy siting process created by NH law, RSA 162-H, which provides for a multi-agency review committee to provide assistance in obtaining local permits. It is suggested that a check with [...]]]></description>
			<content:encoded><![CDATA[<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">Wind Powering America indicates that <a class="zem_slink" title="New Hampshire" rel="geolocation" href="http://maps.google.com/maps?ll=44.0,-71.5&amp;spn=1.0,1.0&amp;q=44.0,-71.5 (New%20Hampshire)&amp;t=h">New Hampshire</a> has wind resources consistent with utility-scale production. More importantly for homeowners, New Hampshire has in place an integrated energy siting process created by NH law, <strong>RSA 162-H</strong>, which provides for a multi-agency review committee to provide assistance in obtaining local permits. It is suggested that a check with local planning board or other city/town officials be made before beginning any wind project.</span></span></div>
<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">Since 2001 The New Hampshire <a class="zem_slink" title="Public utility" rel="wikipedia" href="http://en.wikipedia.org/wiki/Public_utility">Public Utilities</a> Commission has had a <a class="zem_slink" title="Net metering" rel="wikipedia" href="http://en.wikipedia.org/wiki/Net_metering">net metering</a> rule directing utilities selling power in the state to credit homeowners and small businesses that generate a portion of their own electricity. The net metering is accomplished by using a single meter capable of registering the electrical flow in two directions. To learn more I suggest contacting Public Service of New Hampshire; Supplemental Energy Sources, (603) 634-2311.</span></span></div>
<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">Also, New Hampshire&#8217;s local option <a class="zem_slink" title="Property tax" rel="wikipedia" href="http://en.wikipedia.org/wiki/Property_tax">property tax</a> statute, <strong>5 NH RSA 72:61-72</strong>, allows each city and town to offer an exemption on residential property taxes in the amount of the assessed value of a renewable energy system used on the property.</span></span></div>
<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">An informative and interesting paper entitled the <strong>AWEA Small <a class="zem_slink" title="Wind turbine" rel="wikipedia" href="http://en.wikipedia.org/wiki/Wind_turbine">Wind Turbine</a> Global</strong> <strong>Market Study 2008</strong>, discusses the significant growth and interest in the industry fueled by the individual homeowner. Though there has been a continuing lack of federal-level incentives for small wind, specifically a 30% investment tax credit similar to that which is available to <a class="zem_slink" title="Photovoltaics" rel="wikipedia" href="http://en.wikipedia.org/wiki/Photovoltaics">solar photovoltaics</a> consumers under current law, the U.S. still leads the global market in small wind production. It is estimated that a 30% federal tax credit could lead to a 50% growth in the market and greatly improve the cost per kilowatt hour basis for the operator. Subsidies and <a class="zem_slink" title="Tax credit" rel="wikipedia" href="http://en.wikipedia.org/wiki/Tax_credit">tax credits</a> are essential to bring any form of economic viability or parity to all other standard energy technologies.  Also, adequate storage mechanisms are underdeveloped for those periods of no wind.</span></span></div>
<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">So why the interest by homeowners in this expensive yet ancient technology?</span></span></div>
<div><span style="font-size: 14pt"><span style="font-family: Times New Roman">Demand has been driven primarily by a desire to become &#8220;personally energy independent&#8221; along with the rising costs of traditional forms of energy. Advanced blade design, active pitch controls, low speed capability, induction generators and a more visually attractive product are the advancements that have supported the market growth.</span></span></div>
<p><span style="font-size: 14pt"><span style="font-family: Times New Roman"><span style="font-family: Times New Roman"><span style="font-size: 14pt"><span style="font-family: Times New Roman">The ideal of the &#8220;Zero Energy Home&#8221; comprised of wind and other <a class="zem_slink" title="Energy development" rel="wikipedia" href="http://en.wikipedia.org/wiki/Energy_development">alternative energy sources</a> is a concept which is gaining attention with forward thinking builders including installation costs into the price of some new homes. And a greater number of buyers like the idea of lower/zero electricity bills for a 20 year + life of the turbine. </span></span></span></span></span></p>
<p><span style="font-size: 14pt"><span style="font-family: Times New Roman"><span style="font-family: Times New Roman"><span style="font-size: 14pt"><a href="mailto:jferriman@spencerhughes.com">jferriman@spencerhughes.com</a>  (603) 520-5385</span></span></span></span></p>
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