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Previously in The Green Scene:
Let’s all leave
GREEN FOOTPRINTS
wherever we go
in the world...
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SOLAR ECONOMICS AND FINANCING — Home and Business
Imagine taking luxurious hot showers and baths, using your hot tub, dishwasher and washing machine for your entire family with little impact on your environment or your budget. It is possible with a solar heating system. You can save 70-100% of your hot water heating costs and increase the value of your home (does not increase property taxes).
There are great solar hot water and solar electric systems for your business and your home. Many systems allow you to recoup your investment in 5-8 years. These systems make good financial sense. Utility costs go up by an average of 6% per year, according to government studies nationwide. Lock in your costs now and quit worrying about what's going to happen with energy companies.
In addition, consider the following benefits and programs:
- There is a 30% federal income tax credit, for both residential and commercial. If a 4KW system cost $30,000, the tax reduction is $9,000. Net cost goes to $21,000.
- Starting April 21, 2010, NV Energy's rebate program will pay you back $2.30 per watt on your solar electrical system (a 4KW home system = $9,200 rebate, which brings the net to $11,800.)
- Another great option is the 12-months same as cash program.
- Rural businesses can get USDA grants for 25% of the cost of a system.
- Financing can be done with credit lines and home equity lines.
- Credit cards can be used.
- SBA loans are available to some businesses.
- We are working to establish a PACE (Property Assessed Clean Energy) program with local government. That allows systems to be purchased and paid back over time in property taxes.
- Leasing programs are being developed for these systems.
According to NV Energy, there has never been a better time to buy solar — given all of the tax breaks, rebates and programs. Save thousands off power bills, be protected from rising energy costs and increase the value of your property — NOW!
$500 discount on solar electric systems for the month of April —
contact us today for more information!
775-884-3140 or info@solarsolutionsunltd.com
Contact us today for your
FREE Solar Evaluation!
775-884-3140 or info@solarsolutionsunltd.com |
