VitalAccurateThinking

Solar Power done Right

I am all for solar power when it is done right. Incentives are the way to go:

Eight out of 10 Americans believe home builders should offer solar power as an option in new home construction, according to a Roper survey conducted earlier this year. Half of those surveyed said they would pay up to 10% more for a solar-equipped house. In the past, home buyers were reluctant to opt for solar since the equipment needed to halve energy consumption cost $15,000 to $18,000. But the real cost of solar power is falling, thanks to cash rebates, tax credits and other financial incentives from the Energy Policy Act of 2005.

"Both home builders and consumers can receive up to a $2,000 tax credit, thanks to this legislation," said Emily English, manager of the National Association of Home Builders' Green Building Program. "In New Jersey, state rebates can reduce the cost of solar equipment by 70%."

posted by Jim VAT @ 1:15 PM