Overview
With global warming intensifing and rolling black outs becoming more rampant, it has never made more sense to invest in solar panels for your home or business. Now more then ever the state of California has introduced incentives like $2.20 grants for each watt installed (which is decreasing so act fast). The state of California has the most incentives compared to any state and the Federal Government is also assisting by granting a tax credit of up to 30% with no cap for businesses now the same incentives apply to residential installations. The grants can cover up to 50% of the total cost. Sun-Tricity will assist all of their clients throughout the grant process. This will insure that each client receives thier maximum allowed grants.
Financial Benefits
The cost of your electric bill rises each year a good way to lock in to one rate is by installing solar panels. A report by J.D.Power and Associates reveals a record 16% increase from 2005 to 2006 in the average utility costs for a typical home. If you install PV solar panels your electricity costs will be constant because of course the cost of your solar panels are constant. Additional to your financial benefits solar panels also help the environment.
Environmental Benefits
Solar panels produce a great amount of electricty without emiting any emisions. To better understand how much solar power can affect the environment As a general rule of thumb, studies indicate that the typical California home using solar power has an environmental impact of removing two cars from the road. Over a time period of 25 years, you will have avoided producing more than 500 tons of greenhouse gas emissions. Using solar electricity to power a million homes would reduce greenhouse gas emissions by 4.3 million tons per year, the equivalent of removing 850,000 cars from the road (Source: EPA)