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Is Solar Power Looking Dim Or About To Begin?

UserPost

9:29 pm
July 5, 2009


PlantHero

Member

Brooklyn, NY

posts 36

1

If you didn't notice, the American Clean Energy and Security Act, barely passed in the House of Representatives and if it passes the Senate we'll soon be getting electricity through green solar power!? You can count on it. I am a supporter, solar has had alot of problems, and all those relying on it for the promised “green jobs” makes me wonder, “will they be let down”.

The main problem, I have found, is that it takes a lot of collection. Yeah, sunlight may be free, but gathering it and converting it into power is expensive, and I mean very expensive. According to findsolar.com, installing solar panels on my friend Julie's home with 400 sq ft roof size would cost around $32,000 and she can get about $18,000 back from various government incentives, in the form of a federal tax credit and exemption from property taxes.

She will make her money back in savings on her electric bill, that's right! Acccording to findsolar.com, her avg monthly savings will be about $75. Over the 25 years of useful panel life, then, she'll save $22,000. So, her monthly bill alone is enough to let the sunshine begin.   

‘ PlantHero ‘

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