|
Other KG Funding Services
KG Funding Home
* * *
Commercial Mortgages
Cash to Grow Your Business
· Factoring to Grow Your
Business
* * *
Attorneys & Accountants
Health Care
* * *
Sell Mortgages &
Notes
* * *
The Press
& KG Funding
Contact KG Funding
|
Lease
the Sun?
In the USA, we’ve talked seriously about solar energy
for about 30 years. In some places, solar hot water has been a reality much
longer than that, but the real benefit is to use photovoltaic panels to
generate electricity. With photovoltaic panels, we have the ability to
generate excess electricity during the day and sell it to the utility company
through “netmetering”, i.e., we run the meter backwards. The
utility’s peak usage is during the day. Through netmetering,
you’ll sell the output of the photovoltaic panels to the utility. With
enough of us netmetering, we can reduce the need for new power plants that
are only used to meet peak demand. That will protect the environment for
everyone and help keep rates from rising too fast. The technology is now good
enough to make use of photovoltaic panels practical.
What has held us up? The cost!
It can cost tens of thousands of dollars to install photovoltaic panels on
your house. I saw an expert explain how, by using North Carolina’s very
generous tax credits, a homeowner could install a 2 kilowatt-hour (kwh)
system for just under $10,000, but most people need more capacity than 2 kwh,
so the price goes up. Then the homeowner would be responsible for maintaining
the system, as well as dealing with moving, reroofing, etc. The homeowner in
a sense would buy
the sun and handle all the support
issues that follow.
To continue reading at www.LeasetheSun.com, click here.
|
