Solar Panels Help you Make the Most of Readily Accessible Energy from Sunlight
The price of fossil fuels like coal, oil and gas continues to increase. As a result, the financial incentive to switch solar energy grows stronger. Additionally, there are environmental advantages favoring a switching to non-carbon polluting energy sources like solar. Governments support the trend. They have introduced policies to improve solar affordability and incentives to encourage homeowners and business leaders to go solar.
Both national and state governments extend incentives. The range of incentives is very large. In the USA, the federal 2005 Energy Bill was a landmark piece of legislation that provides significant benefits for people installing solar systems. It established a 30 percent residential energy credit for solar for two years capped at two thousand dollars. At the regional level, sun states like California, Texas and Florida are leaders in offering incentives.
For example, a homeowner in Florida who has decided to install a range of solar power systems to the value of about fifty five thousand dollars can expect to receive about 34 percent of that value back as a result of both federal incentives and state rebates. This example is based on the homeowner installing a solar water heater, a solar pool heating system and a 4.5kw solar photovoltaic (PV) systems.
A specific case example may be helpful. A Floridian homeowner that installs around approved solar energy products valued fifty or sixty thousand dollars can expect to receive government-funded incentives totaling more than fifteen thousand dollars. The exact amount depends on the specific products purchased. Federal government provides tax credits for purchase of solar electricity (photovoltaic) systems plus water heaters. Several states, Florida being one, provides tax credits rebates for purchase of solar water heaters plus pool heaters. Policies vary across states.
Subsidized financing is also available. Several finance companies provide green loans at loan rates subsidized by government to support the purchase of approved solar products. Fannie Mae, for instance, offers green financing to home owners where the purchase price of approved products is rolled-up into to the existing home mortgage loan.
Photovoltaic systems that have back-up storage in a battery bank have the advantage of being able to maintain electricity supply to a household even when there is an outage on the public grid. Solar pool water heaters can supply up to 100 percent of the heating needs for many family pools, significantly extending their swimming season.
In conclusion, people are increasingly switching to solar energy products. Solar affordability and incentives provided by government are supporting home and business owners make the move. Even seemingly minor products can make a difference. Skylights, for example, allow sunlight to penetrate interiors and avoid electric lights being used. Solar vents extract heat from attics, lowering interior temperature and avoid air conditioning being used. When aggregated across the community even small measures like these can significantly decrease carbon emissions.
With Solar Systems USA, you are guaranteed a listening and professional partner when addressing your affordable energy requirements. Our selection of solar panels and related accessories is unmatched.
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