What kind of government incentives exist?
This will vary, depending on your location, but we or your solar panel installer can fill you in on the details. The big picture is that countries around the world, and states within the U.S., offer incentives and tax breaks for investment in solar power and renewable systems. This makes sense for a number of reasons. Most people don’t know that governments subsidize the petroleum industry. In the U.S., between 5 and 10 billion dollars a year of taxpayers’ money goes to the petroleum industry, while less than 500 million dollars a year goes to renewable energy. Fossil fuels are more expensive and the prices very volatile. Governments have begun to recognize that there is a finite supply of oil reserves and their use damages the environment and even threatens national security. They have begun encouraging consumers to switch to renewable energies that tap into free sources which will do far less harm to the environment. These programs have been successful in other countries. For example
