Solar Power Rocks, um, rocks!
They have stats on each state’s rebate programs, incentives and tax credits – including Nevada. Nevada is rated with 4 stars for its dedication to renewable energy. In fact, it’s written into our legislation: 20% by 2015!
A new post they have up is about the barriers to going solar. While this is on an individual level and I’m more concerned at the state level, it’s a very good read nonetheless.
Here’s an excerpt:
1. Sticker shock/don’t see the value: The prospect of creating your own energy from the sun is very attractive and the benefits of doing so are undoubtable, however many are surprised there’s such a huge upfront cost. Well, given the current financial crisis, we urge you to re-evaluate your investment portfolio (if you have one) and consider viewing installation of solar panels on your roof an investment just the same. However, unlike the stock market, an investment in solar has a guaranteed annual rate of return of roughly 9%. Chew on that for awhile before you object to the cost.
Now, even if you don’t have more than $10,000 lying around in underperforming investments or even in your bank account, there are solar leasing, power purchase agreements, and financing options available that can solve your problem. Many times in these scenarios your monthly payment will be lower than your previous electric bill. After working out the numbers, this is a no-brainer.
What do you all think? After reading about the incentives, tax credits and options – are you willing to go solar? Why or why not?
