pasunshineprogra's Blog

Several governments and energy companies around the world have become offering various economic incentives to install new power efficient appliances such as furnaces and water heaters.

A few of these programs such as PA sunshine program also offer various kinds of incentives to put up solar electric panels (photovoltaic panels) and solar heating system systems.

Two countries which have had great success inside increasing their usage of renewable energy and fostering a "green" economy are usually Germany and Asia. Both countries are suffering from a thriving household solar industry, employing tens of thousands of people, by creating a demand for solar products using various incentives.

However, for your average consumer wanting to determine the cost efficiency of using solar technology, the particular incentives offered by various levels of authorities and utilities, can be a daunting task.

Generally speaking, the types of incentives might be grouped into the pursuing categories:

Grants along with Rebates

Numerous grants or rebates like PA energy rebates might be available in your jurisdiction through various programs that may be sponsored by the federal government, state government, regional government or by the utilities. The purpose is to lower the upfront cost of installing solar systems, thus reducing the payback period for such systems.

Low Interest Loans

Some jurisdictions may perhaps provide low or maybe no interest loans for solar installations. This could greatly influence some time it takes to reach a break even point from your financial perspective.

Nourish in Tariffs

Several jurisdictions have mandated that will utilities pay reduced for electricity developed from renewable resources. Premiums vary by jurisdiction, but can be 5 to 20 times the going rate for utility generated electrical power. For example, in Ontario, Canada, the utilities have to pay 42 cents per kilowatt/hour for energy generated from solar panels. Traditional grid power costs about 6 cents per kw/hr.

Net Metering

Any electricity generated at a solar panel that is fed back into the lines is credited with the going rate. The real difference between energy used by the household and energy created by the household is what the householder will probably pay.

Tax Incentives

A few jurisdictions may have provided an accelerated depreciation schedule for the capital cost of solar panels.

Given the complexity of the various incentives and grants offered, it is probably prudent to refer to a solar installer if you're considering installing a solar system. The solar installer should be knowledgeable inside grants and incentives available in your jurisdiction.