Thursday, February 10, 2011

Behind-the-Meter Wind Keeps Spinning with New Solutions, Financial Incentives - GBA Provides Organizations with Turnkey Project Management

Harnessing “behind-the-meter wind” or “distributed wind” for the private sector has never been more financially attractive according to Jennifer Gunby, P.E., LEED AP, who heads up GBA’s Energy Studio, in a statement that appears online at Wind Today.

The reason, she explains, is that with the financial incentives available today, project payback can be achieved more quickly than ever before. But individual businesses, industry, and agribusiness must act now to take advantage of one of these incentives, which offers a 100% first-year bonus depreciation this year only for equipment acquired and ‘placed in service’ by the end of the year.

For those who aren’t aware, “distributed wind” differs from the large wind farms owned by utilities in that it is located behind-the-meter where it directly serves its owners. Owners may be cities, counties, state agencies, school districts, colleges and universities, business and industry, and agribusinesses – even individuals. Distributed wind projects may consist of a single turbine or multiple turbines ranging from 100kW to 1,000 kW. However, only taxpaying entities would benefit from the incentives provided from recent changes in the Tax Relief Act of 2010.

GBA’s Energy Studio helps guide organizations from start-up through installation of their wind project – and helps them negotiate the complexities of financial incentives to take full advantage of these unique tools that can provide much quicker return on investment.

Jennifer emphasizes that if there was ever a reason to act and act now, this is it! For more information about incentives available or how GBA can help, contact Jennifer at jgunby@gbateam.com or at 913.577-8375.

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