Solar Affordability And Incentives Make It Easier To Switch

The price of carbon-based fuels like crude oil, coal, and gas oil continue going up, straining budgets. Savings achieved by switching to solar energy continue increasing as a result. Moreover, governments are assisting people to make the switch to solar. They have introduced a range of measures to improve solar affordability and incentives and in that way encourage the switch to solar. The move is also a positive for a cleaner, greener environment. Finally, it can assist national security because it reduces dependence on oil imports.

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.

At the federal level, the 2005 Energy Bill was a benchmark law that introduced significant incentives. It introduced a residential 30 percent energy credit for selected solar products for two years capped at a maximum of two thousand dollars. At the regional level, sunbelt states like Texas, California and Florida are among the leaders in offering incentives.

The federal government offers tax incentives for the purchase of solar photovoltaic systems that generate electricity and solar water heaters. At the state level, Florida provides rebates on the purchase of solar water heaters and pool heaters. Arrangements vary from state to state.

Subsidized finance is also provided. Green loans at government subsidized rates are available to support purchase of solar products. Fannie Mae allows home owners to roll-up the purchase price into their home mortgage loan. This allows the homeowner to finance the purchase at a home mortgage interest rate rather than a higher interest rate applying, for example, to a personal loan.

Switching to solar products can be a big boost for the environment. For example, installing a solar hot water can decrease carbon emissions of the average sized household by about 1 ton each year, (the actual figure will vary depending on the fuel source of the existing heater). This is equivalent to the carbon emitted by a petrol car driving 10, 000 miles.

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. ;http://www.youtube.com/watch?v=vqKCh9GHdR0?fs=1&feature=related]


At Solar Systems USA, we are convinced that the need to change from fossil fuel dependency is not just the duty of governments but for each one of us. Our website has products and information to get you started on this noble task.