arkansas

at the same me.” In other words, don’t rush your purchase because an installer tells you the funds are running dry. Instead, check for yourself to see how much of the money has been allocated.

One of the primary goals of the program is to collect data

Which means geng your data in is extremely im- portant. “This is the hardest part of the program – it is crical to get the data in. If you don’t, there’s no way to pay you.” Be sure your installer has an excellent plan for data collecon that streamlines with the guidelines of the program.

This program works with other incenves

This incenve works alongside the federal ITC and net metering agreements. In fact, the program was designed to work with other incenves. “Our in- tenon was to change the economics for home- owners who have been interested but couldn’t afford it. With this state incenve, plus the federal tax credit and net metering, it makes sense to a lot more people.”

Look with the eyes of the administrators

The funds originated from the American Recovery and Reinvestment Act, are administered by the Arkansas Economic Development Council, while the details of the program are run by the Arkansas Energy Office. Each instuon has its own goals. The Smulus Bill wants to pump money back into the economy. The Arkansas Economic Develop- ment Council wants to create Arkansas jobs. The Arkansas Energy Office wants to collect renewable energy data so they can offer beer resources and

programs in the future. With this in mind, think of your project and see if it aligns with these organi- zaons. If so, then you may have run into one of the best state incenves for renewable energy.

yokim@jbu.edu.

Did you know?

O

n average, Arkansans consume more en- ergy than residents in other states.

According to the Department of Energy and Statemaster.com, a central database for na- onwide data, per capita, Arkansas is the 15th highest con- sumer of energy and 11th highest consumer of electricity.

On the flip side of the energy coin, Arkansas ranks number 11 in terms of cheapest elec- tricity. These two stascs reflect two deeper issues that will pose problems for Arkansas homeowners – the first being a habit of over- consumpon as a result of cheap electricity, the second being a lack of preparaon for when electricity prices do rise.

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