Governor Kaine discusses his Renew Virginia Initiative

Virginia Beach, VA - January 13, 2009 - Governor Kaine visited Solar Services Inc., the Solar Headquarters of Virginia , Monday to announce legislation to promote renewable energy incentives and tour their state of the art solar warehouse and training facility. According to Kaine, this will help create new jobs, reduce our reliance on foreign oil, and improve our environment.

Solar Services, distributes for manufacturers such as Aquatherm Industries, Alternate Energy Technologies, Sunpower, Heliotrope, Kyocera, Sunearth, and Sunda - all of whom are playing their part to help increase the use of alternate forms of energy and reduce our carbon footprint.

Legislative Proposals include:

Renewable Energy System Income Tax Credits

This bill establishes renewable energy system income tax credits. It will be an income tax credit for individuals and companies installing alternate energy systems. The credits vary based on size of system installed. Individuals can receive up to $8,000 for solar photovoltaic, $4,000 for solar thermal, and $6,000 for wind-power. This takes that first important step in towards building a long-term marketplace for renewable energy in Virginia.

Renewable Energy Equipment Sales Tax Exemption

This bill relieves companies of the sales tax of solar photovoltaic, and thermal systems. This will not only provide savings to the companies, but should help make these solar and thermal systems more affordable for the consumer.

Clean Energy Manufacturing Incentive

This bill will expand existing incentive grants available to solar photovoltaic manufacturers to include manufacturing of other low and no-carbon energy sources. These grants are available to new and expanding businesses. The grant size is based on the economic return to the Commonwealth from the new business activity.

Photo Gallery: Governer Kaine Visits Solar Services

For more information:

Richard Good

Solar Services Inc.

877 Seahawk Circle

Virginia Beach, VA 23452

757-427-6300

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