Solar Panels Assist you to Make the Most of Freely Accessible Energy from Sunlight
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by: NathanThompson | Total views: 17 | Word Count: 434
Sunlight is free and available in endless supply. As the price of fossil fuels (oil, coal, gas) continues to increase, the economic incentive to switch to renewable energy sources grows stronger. Additionally, more and more people recognize the environmental advantages of switching to non-carbon emitting, renewable energy sources like solar. Governments around the world have introduced various measures to improve solar affordability and incentives to encourage households and businesses to switch to solar.
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.
In the USA, Federal government offers tax incentives to support the installation of a range of solar products including PV systems and water heaters. And Florida offers rebates to support the installation of a range of solar products including water heaters and pool heaters.
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.
Photovoltaic systems that have back-up storage in a battery bank have the advantage of being able to maintain electricity supply to a household even when there is an outage on the public grid. Solar pool water heaters can supply up to 100 percent of the heating needs for many family pools, significantly extending their swimming season.
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.
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