I am interested in converting my home to solar power, suggestions?
by admin on Saturday, February 19th, 2011 | 3 Comments
Is it costly, what’s the expected time for return on the investment, tax breaks, problems, …
Is it costly, what’s the expected time for return on the investment, tax breaks, problems, …
You never recover the investment. That is why there are so few of them around. Solar power is wonderful, but it is not yet cost effective even after the tax breaks.
Do you want Photovoltaic?
Or passive solar?
Your best bet is to contact a local solar installer for a free quote, and they will supply specific answers to your questions, which depend a LOT on your location.
For tax and other incentive info, try:
http://www.dsireusa.org
and click on your state. The federal government will give you a 30% tax credit for solar electric, and something for solar hot water, too, I believe.
The time for return on investment varies from 2 years for solar hot water in Hawaii, to infinity (never pays back) in cloudy and cold climates.
There are over 100,000 solar roofs in California today, so clearly, some people think it makes financial sense.