Here in my home state of Oregon, the number of home solar power systems have tripled in the past 3 years. In fact, more than 2/3 of all existing solar installations in Oregon have taken place since 2008. If you haven’t already done so, isn’t it time to resolve to go solar in 2012?
The massive growth in the number of operating solar panels in Oregon is due in large part to lowering solar prices, rising energy costs and generous incentives from the Energy Trust of Oregon which, in addition to state and federal tax credits, can lower the cost of residential solar power systems by 80%!
If you resolve to go solar in 2012, what should you consider?
1. Does your property have ample sunlight exposure?
2. What are your monthly and annual electricity costs?
3. What tax credits and incentives are you eligible for?
4. Does your utility offer net metering for grid-tied solar panel systems?
5. Are you interested in solar electricity, solar hot water, or both?
6. Do you wish to purchase or lease solar panels?
Even if you are not eligible for certain solar incentives, many people find that government tax credits can save them thousands of dollars in the cost of solar panels, in addition to significantly reduced (if not eliminated) utility bills. Not to mention the fact that utility rates rise each year, while the price of solar electricity stays the same -FREE!
The average cost of solar panels for a residential Oregonian home is $16,000-20,000 before incentives. Such a solar panel system will cover about 300 square feet of rooftop space and generate 25% or more of a property’s electricity needs, depending on energy efficiency measures.
Oregonians can find out more about solar power options for their home or business by contacting the Energy Trust at 866-368-7878 or visiting its website: www.energytrust.org.