Before you invest in solar power, be sure that you know exactly what your local electricity company will pay you for any exported energy. The good utilities will pay you the Feed In Tariff rate (if your state has one) PLUS the standard rate per kwh. The meanie ones will just pay you the FIT rate.
New Ways To Finance Residential Solar Power Systems
How can Massachusetts residents afford solar power? The same way they get cable television. Though a long term lease on solar panels Massachusetts residents can now have solar panels atop their homes for a fraction of the cost of buying them outright.
Plus they begin to reap the savings on their electric bills immediately.
The state of Massachusetts wants to go green. Yet unlike California and Arizona the vast areas of sun drenched land is not available for giant solar parks. In an effort to convince residents to place solar panels on their rooftops Massachusetts has a state subsidy program, Commonwealth Solar.
Don’t Get Fleeced by the Solar Cowboys
In the 1970’s some Australian companies started to research solar energy for use in the home but unfortunately the technology just wasn’t there. At about the same time in China they were also researching solar energy and managed to produce some electricity producing solar panels.
A few Australian companies, believing in the future of solar energy, persisted in their research. Eventually one of the most successful was bought out by the Chinese, and is now the biggest producer of panels in China! How short sighted could Australian investors be?
Now with the dramatically revived interest in solar energy and the Government’s renewable energy plan offering grants and rebates many companies are jumping on the bandwagon to proclaim loudly “Green is Good”. Some of these companies are fleecing customers for the best part of $20,000 for a 1kw Grid Tie system, simply because the poor consumer can’t find another solar installer who has the time or resources to give him a competive quote!
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