Table 3: Renewables-Related Activities in the U.S. Climate Change Technology Initiative

Million Solar Roofs Program

$12 million in 1999 budget to launch at least 25 R&D and deployment partnerships with state and local governments,
energy service providers, the solar industry, developers, and builders

$120 million over five years for new tax credit for purchasers of rooftop PV and solar water heating systems, covering 15
percent of qualified investments (with a maximum of $1,000 for solar water heaters and $2,000 for solar PVs)

Renewable Energy

$389 million ($117 million increase) in 1999 budget for R&D and deployment

$13.3 million increase (to $78.8 million) for solar shingle and other PV system efficiency improvements

Five-year extension of tax credit for electricity produced from wind and biomass

$10.5 million increase (to $43.5 million) for wind energy system improvements

$39.1 million increase in research on conversion of wood and crop wastes and energy crops to fuels and electricity

Source: See footnote 41.

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