
The history on Solar Today
The Energy Crisis! (OPEC oil embargo). A bit of solar energy history we are all familiar with. Suddenly it became important to find an alternative form of energy as we realized just how reliant we really are on non-renewable, finite resources like coal, oil and gas for our existence. Solar energy history was made as the price of solar cells dropped dramatically to about $20 per watt.1980 - 1991 A Los Angeles based company called Luz Co. produced 95% of the world's solar-based electricity. They were forced to shut their doors after investors withdrew from the project as the price of non-renewable fossil fuels declined and the future of state and federal incentives were not likely.
The chairman of the board said it best: "The failure of the world's largest solar electric company was not due to technological or business judgment failures but rather to failures of government regulatory bodies to recognize the economic and environmental benefits of solar thermal generating plants."
Solar energy history played a big part in the way society evolved and will continue to do so –
Today there is a renewed focus as more and more people see the advantages of solar energy and as it becomes more and more affordable. Governments across the world offer financial assistance. Solar electric systems are now used to power many homes, businesses, holiday cottages, even villages in Africa.
We see solar cells powering anything from household appliances to cars. Solar Energy in the future as the number of people longing for a cleaner environment grows, so does the solar industry.
Solar cells are becoming increasingly cost-effective as more distributors enter the market and new technologies continue to offer more choice and new products. We might even see the end of the combustion age in our lifetime. Cars might soon be powered by new fuel cells that create electricity through chemical reaction.
Screen-printed solar cells are expected to drive prices down even more. Roofing shingles are capturing the sun's rays and turning them into electricity! Solar panels are being mounted to the sides of houses when roof space is not an option. Pools are being heated with solar energy for a fraction of the price of conventional heaters.
Solar Energy History has indeed come a long way and has a very positive future ahead.
What's Solar Lease
Now you can afford to go solar without the high initial cost of installing a system? Instead of buying the equipment, you simply lease it. Leasing is the most popular residential solar option in the country! Save on Electricity Costs from Day One with a Lease, you pay as you go, instead of all at once. The combination of your low monthly lease payment and smaller electricity bill is typically less than what you pay the utility company today. So you can start saving money from the very first day.Your savings can grow over time as utility rates continue to increase. Historically, utility rates have increased over 5% every year. With Solar Lease, you can lock in lower electricity rates for the term of your lease.
For a typical 3-bedroom home with a current electricity bill of $200 per month, U might need a medium sized 4 kW solar system.
Your new solar system will generate enough electricity to offset what you are currently paying to the utility company from $200 down to $60 per month.
Your Solar Lease payment would be $0 down and $110 per month. So you could actually save $30 per month from day one.
Smart Financial Investment
A Solar Lease can be a better investment than purchasing your system with cash because you do not have a big upfront payment and can save your money for other opportunities. You save money every month on electricity bills.
State and Local Rebate Programs
Many states and utility companies have created programs to encourage homeowners to lower their energy usage and switch to solar power. The amount of the rebate subsidy varies by program, but some are generous enough to cover up to 30% of your solar system cost. However, these programs are designed to reward early adopters of solar power and energy efficiency, so the rebate amount per home continues to drop as the allotted funds are consumed.
Federal Tax Credits
The federal government allows you to deduct 30% of your solar system costs off your federal taxes through an investment tax credit (ITC). If you do not expect to owe taxes this year, you can roll over your credit to the following year.
SDG&E proposes to raise Electricity rates by 200% for Solar users
http://www.change.org/petitions/the-gov ... producers#Jeremy Matlock
Eco-Rep SavWatt
jmatlock@savwatt.com