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Switch to Solar

SWITCH looking brighter and brighter. to SOLAR With the horizon for solar energy how do you know if switching to solar is right for you? SAVINGS WITH SOLAR America's electricity bills are increasing! 53% ↑ $118.80 $117.20 increase in solar installations in the first three months of 2013 $115.10 $115.40 $112.60 60% V 2008 2009 2010 2011 2012 decrease in cost of installation of PV panels in 2011 Average electricity bill per month, 2008-2012 BEST vs. WORST SOLAR STATES Hawaii, Utah Pricey Electricty Affordable Electricty Most of the state's gas and coal must be shipped to the islands, further increasing overall costs to residents. Utah obtains much of its power from cheap natural gas and coal, making electicity costs very cheap. In this case, switching to solar may cost a great deal more, Average monthly bill $202.72 Average monthly bill $70.61 Massachusetts Oklahoma Best State Incentives Worst State Incontivos With initiatives like Solarize Mass, the state strived to make leasing and group-buying viable to residents, in addition to a bevy of generous subsidies and tax credits. Although goals for transitioning to solar exist, Oklahoma hasn't enacted standards for compliance. Hawaii Alaska Sunniest State Least Sunny State The state with the highest electric costs, Hawaii is also the sunniest and closest to the equator making it an ideal candidate for switching to solar. Alaska is disadvantaged by its northern locale where winters provide little sunlight and very short days. STEPS YOU CAN TAKE 1 Analyze your electiricty bill and usage. Check out your state's financial incentives. 2 www.dsireusa.org (The Database of State Incentives for Renewable Energy) is a comprehensive source of information on state, local, utility, and selected federal incentives. 3 Explore whether leasing and group-buying are options in your state. nerdwallet Sources: Solar Power Rocks | Solar Energy Industries Association

Switch to Solar

shared by NerdWallet on Aug 05
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With the horizon for solar energy looking brighter and brighter, how do you know if switching to solar is right for your home?

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