During the oil embargo years during the 1980's, the State of California required all new residential buildings to install Solar hot water heating systems. Hot Water costs a family of 4 an avg of $55/month according to Sempra Energy. With the current federal tax credits it pays for itself in just 2-3 years, so why not require it on all new residential construction across the U.S.?
Solar Electric (Photovolataics) has come down in price to the point where it can pay for itself in just 10 years(or less) in desert areas like Southern California, Arizona, Nevada, New Mexico & large portions of Texas where summer cooling bills are outrageous. Why not require it on all new construction?
With long term(10+ yr) Sallie Mae loans Solar Electric can actually pay for itself from the start when you factor in Federal Tax Credits and State(like California) or Utility Company(like Nevada) incentives. Why not require it & give property owners Govt secured, long term low interest loans to pay for it?
2007-01-05
15:47:25
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4 answers
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asked by
websoulsurfer
2
in
Environment