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Solar Energy protects you from inflation.

Isn’t it interesting that the US Government excludes food & energy inflation when calculating consumer price index (CPI) — the average price of consumer goods and services purchased by households. Realistically the price for energy has been increasing on a yearly basis. Natural gas over the last 30 years in the residential sector was 7.54%. Electricity has been increasing 4-6% per year depending on where you live in the USA. Consumers who purchase a solar energy system, solar photovoltaic (electric) or solar thermal system (solar hot water) they are protecting themselves from inflation. Adding energy inflation to a solar energy financial analysis is a very important factor because only then you can see the true payback period of a solar energy system. Locking in the rate you pay for energy is one of the best investments you can make. The booming world population coupled with rapidly developing countries has created a global power play for energy resources, moving forward the cost of energy is predicted to skyrocket, will you have energy...

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Financing Clean Energy

Going green isn’t cheap; the cost of a renewable energy power generation system is a high ticket purchase. With the average residential solar power system costing about ,000 more financial institutions such as banks and credit unions are offering Solar Power loans to help consumers finance their renewable energy power systems which eliminate upfront costs and offer low monthly payments that are competitive to your existing monthly energy bill. Creative loan packages are being offered to consumers, for example Austin Energy, a community-owned utility in Austin, Texas, offers low-interest, no-fee loans up to $20,000 for the purchase and installation of PV solar systems, payable over 10 years with no prepayment penalties. Interest charged on loans made to purchase renewable energy power generation systems can be also deducted from taxes which makes the though of financing a system even more attractive. The #1 way consumers are purchasing residential solar power generation systems is through a home equity or lines of credit offered by banks, In many cases the loan payment is similar to the amount the consumer will be saving on their utility bill, which results in an immediate positive cash flow. According to Borrego Solar, a leader in installing solar power generation systems, there are a number of ways to finance a commercial solar power system. These include Property secured loans, Capital equipment loans, SAFE-BIDCO energy efficiency loans, Equipment secured loans, 3rd party...

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Solar Power Rebates and Tax Credits

Rebates and Tax Credits make renewable energy power generation (solar energy, wind power, hydrogen fuel cell systems) affordable. Rebates vary state to state and they can have a significant impact on the final cost of a renewable energy system, a consumer should study them carefully and understand what incentives are available. Typically a service provider who has experience installing in your state can advise you on the rebates, but it’s always great to double check what a service provider is telling you. I’ll tell you where the service providers go to learn about rebates and tax credits. DSIRE is a comprehensive source of information on state, local, utility, and federal incentives that promote renewable energy and energy efficiency. The website provides rebate & tax credit information for the following technologies; Solar Photovoltaic (Electric), Wind Power, Solar Water Heating, Biomass, Solar...

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