Making Solar Energy Even More Affordable

getsolar.com 28 Sep '12, 9pm

Making Solar Energy Even More Affordable

Making Solar Energy Even More Affordable Friday, September 28th 2012 9:09 AM By GetSolar Staff. Thanks to falling solar panel prices over the past five years and a bevy of rebates, tax credits and other incentive programs, installing photovoltaic modules or solar water heating systems has never been more affordable. For example, The Wall Street Journal reported that credits and rebates can reduce the price of a power system in Brooklyn, New York by close to $20,000. In addition, a Los Angeles solar installation can pay for itself in 11 years thanks to favorable financial conditions. However, according to Grist, solar power can be made even more affordable thanks to a variety of programs available. Power Purchase Agreements and Solar Leasing A power purchase agreement or a PPA is an ideal solution for homeowners or businesses who are looking for a reduction in their annual ...

Full article: http://www.getsolar.com/News/Solar-Energy-Facts/General/M...

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