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Tesla Solar Home Show On YARD LINK RADIO at www.yardlinkradio.com EVERY WEDNESDAY FROM 7:00 PM UNTIL 8:00 PM ::: E-Mail them @ itstimetogogreen@icloud.com for more information

Tesla Solar Home Show On YARD LINK RADIO at www.yardlinkradio.com EVERY WEDNESDAY FROM 7:00 PM UNTIL 8:00 PM ::: E-Mail them @ itstimetogogreen@icloud.com for more information

Andrew and Sonia Campbell of Killeen, Texas, have been talking about putting in a solar power system for years. In June, the installers finally arrived—just as the near-biblical rainfall in their part of the state was finally letting up. The Campbells’ new system will supply nearly all the electricity they need and, besides slashing their electric bill, satisfy Andrew’s goal to reduce their dependence on fossil fuels. “In everything I do, I try to go green if I have the choice,” he says.
The system is connected to the grid for backup power at night, or whenever it isn’t generating enough electricity. When it makes more power than the Campbells use, the system will feed the excess to the grid and they will earn credit in the form of a “true up” payment at year-end,
 
Their 8.25-kilowatt system cost about $20,300, but the federal renewable-energy tax credit, which is equal to 30% of the system cost, trimmed the tab by nearly $6,100. With projected savings of $1,580 in the first year and even more in subsequent years as utility rates rise, the system is projected to pay for itself in 7.6 years.
 
Homeowners installed more than 186,000 residential systems in 2014, the third consecutive year the residential market grew by more than 50%, according to the Solar Energy Industry Association (SEIA). Falling prices for solar panels (especially those made in China) and flexible financing and leasing options have helped bring solar power systems into the mainstream. Homeowners are also keeping an eye on the renewable-energy tax credit, which expires at the end of 2016. The cost of residential solar has fallen by nearly half since 2010, to an average of $3.57 per watt of capacity, says Ken Johnson, of the SEIA. The typical home system has 6 kilowatts of capacity, so that translates to about $21,400. But the federal tax credit trims the cost to about $15,000, and state and local incentives bring the cost down even more.
 
But you don’t have to come up with the cash for a solar system. A decade or so ago, the up-front cost of installing solar at home was prohibitively expensive for all but the most well-heeled early adopters. , the largest SOLAR residential installer in the U.S., introduced leasing in 2008, it made solar affordable. More than half of homeowners who have a solar electric system lease. Under the leasing model, solar firms supply the system and collect all subsidies. You pay the leasing company for your electricity at rates that save you between 10% and 50% compared with what the utility would charge, according to EnergySage.com, which provides information about solar electric systems.
E-Mail them @ itstimetogogreen@icloud.com for more information

Desmond Brown

April 2nd, 2016

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