Is using solar energy a cost effective way to reduce global warming?
No. You can go green and reduce global warming with energy efficient appliances with or without the use of solar energy! What are the things that solar manufacturers, resellers, and installers don’t tell you? Even with the federal grants and state incentives, the recoup of investment time is still more than 6 years. In addition, you may have to get a home equity loan for the high upfront cost. In the majority of states, you need a licensed installer to do the work for you in order to qualify for incentives. If you want to move later, it doesn’t mean the new owner will appreciate the solar equipment, and they may not be willing to pay for the premium for your house. A lot of solar companies are trying tell you otherwise, but no one can guarantee you will be able to recoup your investment. Here is our example to prove our case in Florida (This is real information from a friend): Electric charge is 16 cent per KW, including taxes, from the Utilities Company: 5KW (DC) PV system Delivered a
