Solar Power Tax Rebates And Residential Solar Power
Grants
With oil prices going up and natural gas resources dwindling
there is increasing political will to embrace alternative means
of getting energy.
There seems to be two
camps, those that want to use nuclear power and those that want
to use renewable sources like solar power.
In reality, both strategies are likely to be employed.
Governments, having a responsibility to the general population,
feel that nuclear power is more quantifiable than solar power
and other sustainable energy like wind and wave power. They can
get guarantees that it will provide a certain amount of energy
such that they will not be held to ransom by gas and oil
exporting countries. It is also more reliable than solar power
or wind power. However there is a growing awareness of
renewable energy systems that do not pollute the environment
within the general public. This is partly due to consideration
for the future of the planet and that fossil fuels are becoming
expensive and hitting people where it hurts – in the wallet.
Political will in terms of solar power has lead to solar
power tax rebates and residential solar power grants.
Germany and Japan lead the way in using solar power but the
United States is following closely behind. Many states,
particularly California have many initiatives to help people
install solar panels. This is partly due to the high prices of
electricity and the suitability of solar power to the region.
Solar power rebates can cover nearly fifty percent of the total
cost of installation.
Other states offer incentives. New York state gives tax
credits of around 25%. Florida have tax breaks for homes that
have solar power systems installed. There are many local
municipalities that have incentives to take on solar power
throughout America. A useful website for getting more
information on grants and rebates is http://www.dsireusa.org/ .
It relates to the USA only.
Solar power and other alternative energy sources will become
increasingly popular as fossil fuel prices rise. This means
more government & state grants for home solar power will
become available.
|