Gee - I wonder where that corporate and billionaire tax credit and loophole money comes from?
Taxpayers perhaps?
Typical republican response.
Attack that average homeowner for getting an incentive to harness clean energy and become more energy efficient and actually save money doing so.
And at the same time vigorously, though ineffectively, defend the right of corporations and billionaires to continue to enjoy unconscionably favorable tax treatment. And at the expense of who? Oh yeah, that would be the taxpayers!
You've got your priorities straight alright......
"Rebate offers"... gee, I wonder where THAT rebate $$$ comes from.
Taxpayers perhaps?
Typical Dem response.
"Let the gov't pay for it. Just print more $$$"
Solar savings: Residential demand grows
With state and federal tax credits, lower installation costs and rebate offers, it's a great time for homeowners in New York state to go solar.
[...Cost of a sample job
Every house is different, but solar consultant George Engelbrecht says that the typical suburban installation system is a 7280-watt system utilizing 26 solar panels (280 watts each.) At $4.00 per watt, the total cost would be $29,120.00.
Then the deductions begin: a state rebate of $5,096, a state tax credit of $5,000 and a federal tax credit of $8,736. That brings the net cost down to $10,288.00.
The savings the first year would be $2,347, Engelbrecht said. "With rates climbing on average 4 percent a year, this solar electric system will pay for itself in only 4 years, and generate free electricity for the next 25."
Just a few years ago, the payback period in New York was nearly 10 years.
"This represents a tremendous return on investment, well over 20 percent," Engelbrecht said. Also, he noted, the New York State Loan Program has just been extended. It allows people to go solar without any out-of-pocket costs.
The savings continue for many years and begin to compound. "One advantage of solar is that you save 3 to 5 percent more money every year it functions," Engelbrecht said, adding that homeowners should look at how much they'll save over 25 to 30 years. "It's a fantastic investment over time."
Staff writer Matt Coyne contributed to this report.
National solar study
A recent report from the Rocky Mountain Institute found the best bang for your buck when it comes to electricity in Westchester right now is regular Con Edison-provided electricity, plus solar power.
"Most of our results showed it makes sense to first install a solar panel to provide some of your load," said Bodhi Rader, who wrote the report, "The Economics of Load Defelection" with 11 other researchers for the Colorado-based sustainability research group. "As the cost declines for batteries, you can start installing some of those on your system and start offsetting even more of your grid-purchased electric."
The study, which examined five locales nationwide including Westchester, found that as solar panels and solar panel and battery systems — which can cost in the low- to mid-five figures but are currently heavily subsidized by governments at the state and federal levels — become cheaper, the economic incentive to adopt will grow. Prices, the study found, will hold steady around 20 cents per kilowatt hour, with grid-only prices to jump to 40 cents by 2040.
By 2024, the report found, the cheapest energy configuration for homeowners would change over to a grid, battery and solar system, with commercial real estate properties two years behind. By 2040, the cheapest way for homeowners to keep the lights on will be taking 80 percent of their electric needs from solar and 20 percent from the grid....]
http://www.lohud.com/story/news/2015/05/03/solar-energy-new-york/26842003/
Solar is expensive and not viable for most of the country. Where I live there is a big push but when you look into it you save no $. If you buy the panels you lose $, if you lease the panels you still lose $.
But let's just call the Koch Bros satan and be done with it, ok?
Ooooof. had to stop reading after the first sentence or two. Calling the Koch brothers "big polluters'' then being upset that they want a tax on solar panels? solar panel manufacturing produces a lot of pollution.... I guess that doesn't matter though?
Again, interesting and weird.