Tuesday, May 5, 2009

Pondering Solar

We had someone come out to the house and give us an estimate on how much it would cost to cut our electric bill down to tier one or two.

Ouch.

There is a non capped rebate credit of 30% from the Feds now. There is also a rebate from the state that depends on how many kilowatts you take off of the system.

While I would love to reduce my electric bill. I do have an issue with the rebates. While they go a long way in reducing the cost of the panels being put in, they also contribute to the trouble that the state of California is in and takes money from the TARP bill that was passed back in October 2008. There just seems to be something wrong with taking money from either places.

However, with Obama planning his national healthcare, it might be wise to put solar in now. He has said that he is going to tax the energy companies in order to do it. That means, that I will be paying for national healthcare with the electricity that I use. The smart thing would be to get the solar put on the house and avoid however many more tiers they decide to put on electricity to pay for the healthcare.

What to do, what to do.

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