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6 new york utilities improve net metering policy

On Thursday, the NY State Public Service Commission made changes to the net-metering policies of six investor owned utility companies to encourage more homes and businesses to install solar panels or wind turbines to generate clean electricity. The term net-metering, means an agreement with your utility company that specifies the terms of what type and size of clean energy system you can connect to the grid and the value of the credit you will receive for every kilowatt-hour (kWh) from your utility company. The Central Hudson Gas and Electric Corporation, Orange and Rockland Utilities and New York State Electric and Gas Corporation will allow customers to sell back clean electricity generated at retail value. The changes included allowing non-residential entities to benefit from the net-metering policies and also increase the limit to 25 KW from 10 KW for residential solar power systems. These changes allow more people to participate, which encourages the community to support clean energy thus helping our country become more energy independent and provides new opportunities to create local jobs here in the US. What do you think about net-metering policies in general? How do you think we can get more people to contribute to the grid versus being a liability to...

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it’s unanimous! first feed in tariff in america is here

Gainesville voted unanimously to pass the first feed in tariff in America this week. A feed in tariff of 32 cents per kwh (kilowatt-hour) over a 20 year period will be given to homes and businesses who install solar power systems. policies like these will truly sitmulate the economy because it will create customer demand and provide new jobs in the area. what do you think? feed-in tariffs are a great incentive system because it evens out the playing field, the energy you contribute from your solar panels should be bought at a premium from the utility company. Don’t you agree? Germany, the world leader in solar power invigorated investment in solar panels by offering feed-in tariffs. Do you think this will happen in the U.S.? Will gainesville’s leadership in feed-in tariffs be contagious to other...

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tax refunds for solar and wind power?

The American Wind Energy Association (AWEA) and Solar Energy Industries Association (SEIA) had a conference call recently to talk about restructuring of the wind and solar tax credits to make them more favorable in today’s bear market. In October of last year, congress extended wind and solar power tax credits and removed the $2,000 cap on residential installations. Although the extension of the tax credits for wind and solar power was a positive step towards helping renewable energy become mainstream, not everyone can take a tax credit, you have to have a tax liability to take advantage of a tax credit and putting today’s economy into perspective, not many people are going to be able to take advantage of the credit. The solar and wind industry associations are encouraging Congress and the Obama administration to covert the tax credit into a tax refund. A tax refund is the mother of all financial incentives because it would mean the federal government would send you a check for installing a wind turbine or solar panels, the results of converting the tax credit into a refund are obvious. Do you think the solar and wind power can convince the federal government to pay you to install a clean energy...

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solar panel sales up, even with lower gas prices

I’ve been reading a lot of articles lately about people making assumptions the economy and low gas prices are crippling solar panel sales. That’s untrue, because there is an increased tax credit for homeowners who install solar electric systems, on top of that more states and even some progressive cities are offering people rebates. I think some optimistic customers who are on the fence of buying a solar electric system are expecting Obama to release even more money to encourage people to buy solar. Do you think Obama will stimulate solar sales? Not to add this year solar panel prices are expected to drop significantly, which will also increase the demand. Gas prices are not related to electric rates, for example even though oil prices have bottomed out the price for groceries are still higher then ever before. The point I am trying to make is that electric rates are not forecasted to drop anytime soon, in fact I have seen many utilities announcing rate hikes. What do you think, will more people go solar in 2009 then last...

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grants for solar hot water and wind power in Ohio

3.5 million dollars in grants for homeowners who install solar energy systems to heat their water or small wind power to generate clean electricity announced Lieutenant Gov. Lee Fisher of Ohio. The state energy office will administer the grants through the Advanced Energy Fund. The state of Ohio is also enticing renewable energy product manufacturers to setup operations in their state to build the what Obama says, the “new energy economy”. The recently announced grants for renewable energy in Ohio will make it more affordable for homes to produce their own clean energy combine this with the 30% federal tax credit offered, clean energy systems are going to look extremely attractive in today’s economy in which people are looking to reduce their expenses. I say extra incentives States offer are a great step towards helping renewable energy reach mainstream, by encouraging adoption. what do you think? By the way, you can learn more about the grant at Ohio Energy Office...

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2009 marks increased discount for solar energy

image credit “SMA Solar Technology AG” Well, its 2009 and everyone is worried about the economy as we conclude last year. Although today, marks a highly anticipated day for customers considering to lower their energy bills in 2009. Late last year the congress extended and increased the federal tax credit for people who install solar panels to generate electricity or provide heat. Starting January 1st, 2009 homeowners in the USA can tax a full 30% tax credit off the final installed cost of a solar energy system. For people with a taxable income, the return on investment for solar energy systems subsidized through a 30% tax credit is going to make solar a very attractive investment. What do you think? Will the increased residential tax credit for the next 8 years encourage more people to use solar energy technologies on their...

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