67-1001 - (Contingent effective date - see Editor's note) Eligibility for grants for installation of photovoltaic property, solar water heating property, and wind-powered electrical generators. - Virginia Statutes

§ 67-1001. (Contingent effective date - see Editor's note) Eligibility forgrants for installation of photovoltaic property, solar water heatingproperty, and wind-powered electrical generators.

A. Subject to appropriation of sufficient moneys in the Fund, beginning withcalendar year 2007, an eligible individual or corporation may receive a grantpayable from the Fund for a portion of the cost of photovoltaic property,solar water heating property, or wind-powered electrical generators placed inservice during the calendar year by such individual or corporation. The grantamount shall be 15% of the total installed cost of photovoltaic property,solar water heating property, or wind-powered electrical generators but shallnot exceed an aggregate total of:

1. $2,000 for each system of photovoltaic property;

2. $1,000 for each system of solar water heating property; and

3. $1,000 for each system of wind-powered electrical generators.

B. Persons or entities placing in service photovoltaic property, solar waterheating property, or wind-powered electrical generators for or on behalf ofanother person or entity shall not be eligible to receive a grant for suchproperty.

(2006, c. 939; 2007, c. 789.)