Tag Archives: bail-out bill

Bail-out Bill Includes New Tax Breaks For Utilities Installing Smart Meters

In addition to the investment tax credits for alternative energy, the bailout bill also included new tax breaks for utilities installing smart meters. "Smart meters," which allow utility companies to more effectively price power according to demand and thus encourage more efficient use of power by consumer, cost $120-$200 each, and that cost has been an obstacle to large utilities who want to implement them over their customer base.

The tax credits are worth $915 … Read the rest