Now is the time to go solar
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2012 is a good time to go solar. In the past four years, the purchase cost of solar panels has fallen by 50% and the cost of electricity has risen considerably in California.
Waiting to install solar panels on your residence or commercial space might cost more out-of-pocket since many clean-energy incentives introduced with the 2009 economic stimulus are ending, unless they are extended (which will largely depend on this November’s election outcome). In 2009 there were $44 billion in clean-energy incentives available, though currently there are only $16 billion, falling to $11 billion by 2014.
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About The Author
Carrie B. Reyes
is lead writer in charge of the Real Estate Practice and Due Diligence and Disclosures books.
![financing[1]](http://firsttuesdayjournal.com/wp-content/uploads/financing1-106x75.jpg)
Let the large electric utilities expand their utilization of solar energy in order to benefit Californians. Individual homeowners in urban areas served by natural gas and electricity will NEVER recoup the upront investment without government subsidies. The greatest savings in monthly energy expenses go to those homeowners in rural settings, served only by electricity and propane. They can oftentimes recoup the upfront expenses within a few years, and notice the monthly savings immediately, particularly in the sunnier months. Don’t be conned by the “green initiative”. The reality is we have outstanding power generation, and your money is safer in the bank. Getting your “green” is their initiative.
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Please explain why the greater savings in rural areas that have only electricity and propane.
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