lower energy cost.net

Living For The Future

Solar Power

Our effort at "energy conservation" is on the home page, reducing the size and cost of our electrical usage is worthwhile. Seeing as how we reduced 1/2 the power use, the next logical step is to install SOLAR ELECTRIC POWER in our home as wind power is not productive.

Solar power will vary as to location in the country and personal preference. Insurance and upkeep are important in making choices.

In my case, it is to put in a 2,000 KW Photo-Voltaic system on an arbor behind our home (not on the home roof). This arbor will create shade over a rear patio as a bonus. The open air under the panels themselves and one thermo DC voltage fan installed will help on solar cell efficiency. My cost for this project is $15,000 total. I will use a 30% Federal tax deduction, and a State of Florida $8,000 reimbursement program with a check sent back to me. We should net out about $6,000 cost to us. Federal tax credits up to 30% of approved costs are available up to the end of 2010. The power from this source will run our heating and cooling system and other daily electricity needs nicely. Lower electric bills every month on all power use for 25 years will work very well. A plan is to add more capacity, with more PV panels installed in future years using our electric bill savings as capital to spend. 800-1200KW is planned to be added if needed.

It is interesting to note that $6,000 is my net invested cost in this home solar electricity generation system. This will eliminate 90%-98% of my current electric bills useage being sent to me from our electric company. Yesssss!