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Follow on Google News | Drexel Metals Inc, Offers Information on Financial Incentives for Their Solar Roof SystemDrexel Metals’ customers are learning about tax and utility incentives for the installation of the Solar Roof System in their location through education based on the Database for Solar Incentives and Renewable Energy.
Ivyland, PA –September 28, 2011: Drexel Metals Solar Roof System offers a complete design system in place to provide an integrated fully operational rooftop solar power system that is tied into the utility grid. As part of this full system, Drexel Metals is working with their customers to obtain financial incentives to help offset some of the installation costs. Drexel Metals’ The financial incentives can potentially include grant programs, bond programs, loan programs, tax credits, tax deductions, leasing programs, and bond programs. The database also provides information on the latest building energy codes in local jurisdictions. In addition, information on utility incentive programs is described in the state and county of interest. These incentives can be in the form of rebates, net metering, and Renewable Energy Credits (REC). RECs are used as an incentive to their customers as a way for the utility to meet their Renewables Portfolio Standards that require electricity suppliers to obtain a minimum percentage of their energy using renewable energy by a certain date. Drexel Metals is also fully knowledgeable about the Residential Renewable Energy Tax Credit. This is a 30% federal tax credit for qualified residential energy property (including Drexel Metals Solar Roof System) placed in service after January 2006. Federal legislation has extended the deadline for this tax credit to December 31, 2016 and has removed the maximum credit amount for eligible technologies. The Drexel Metals Solar Roof System is installed in a quick connect manner complete with the necessary amount of photovoltaic modules, inverters, cables, wiring, combiner boxes, disconnect switches and other accessories. Once installed, the solar power system provides electricity to the building, and in some cases any excess electricity can be returned to the utility through the grid connection. Drexel Metals uses UL listed thin film photovoltaic products and related equipment. The system components are also listed by the California Energy Commission as Eligible Renewable Equipment. The thin-film photovoltaic system comes with a 25-year power output warranty. Drexel Metals Inc, is ready to provide you with more information on their Solar Roof system and the financial incentives that may be available in your location. Drexel Metals Inc. is a leading supplier of equipment, materials and technical support for the regional manufacturing of metal roofing. Drexel Metals Roof Systems supply contractors and distributors with the equipment and materials to fabricate metal roofing. 204 Railroad Drive, Ivyland, PA 18974 (888) 321-9630, www.drexmetals.com # # # Drexel Metals Inc. is a leading supplier of equipment, materials and technical support for the regional manufacturing of metal roofing. Drexel Metals Roof Systems supply contractors and distributors with the equipment and materials to fabricate metal roofing. End
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