Statute · Federal

42 U.S.C. § 15853

Rebate program

Code
United States Code
Title
42
Section
15853
Text current through
Pub. L. 119-111

What does the statute say?

§ 15853. Rebate program

(1) Establishment

The Secretary shall establish a program providing rebates for consumers for expenditures made for the installation of a renewable energy system in connection with a dwelling unit or small business.

(2) Amount of rebate Rebates provided under the program established under paragraph (1) shall be in an amount not to exceed the lesser of—(A) 25 percent of the expenditures described in paragraph (1) made by the consumer; or

(B) $3,000.

(3) Definition

For purposes of this section, the term “renewable energy system” has the meaning given that term in section 6865(c)(6)(A) of this title.

(4) Authorization of appropriations There are authorized to be appropriated to the Secretary for carrying out this section, to remain available until expended—(A) $150,000,000 for fiscal year 2006;

(B) $150,000,000 for fiscal year 2007;

(C) $200,000,000 for fiscal year 2008;

(D) $250,000,000 for fiscal year 2009; and

(E) $250,000,000 for fiscal year 2010.

(Pub. L. 109–58, title II, § 206(c), Aug. 8, 2005, 119 Stat. 655.)

The text is copied from the official source: uscode.house.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.