Belton, TX, October 07, 2008 --(PR.com
)-- Last Friday, October 3, 2008, the House of Representatives passed a bill, which allows clients who purchase Home Wind Turbines to deduct 30% of the cost from their tax bill in the form of a tax credit. This is not to be confused with a tax deduction. A tax credit is a direct deduction from the amount of tax owed to the federal government.
GEDOWCO, being interested in these wonderful electric cost saving devices has been advising clients they could expect an out of pocket cost pay off in 3 to 5 years. This tax credit will speed up this process considerably.
The base cost of the units run from $12,000 to $18,000, complete. The difference in cost is mainly in the height of the tower. The towers usually run from 30 to 60 feet in height.
For more information, please see GEDOWCO Web Site: www.Home-WindTurbine.com
These machines are not only capable of saving 30% to 50%, immediately, on electric bills but will have a long-term impact on the environmental problems of the United States. Most clients will have seen Mr. T. Boone Pickens talking about long-term effects of Wind Power on transportation on TV. This is the same thing but on a smaller scale.
George D. Covington
GEDOWCO Fly Fishing Company