A Resource on the Rise
Whether driven by regulations, customer preferences, or corporate values, recent trends indicate solar energy is becoming an increasingly important resource for electric utilities. Additionally, solar hot water is now a viable option for customers living in warm or cool climates alike, ensuring that solar technologies remain a key component of sustainable energy plans for the foreseeable future.
- Solar electricity capacity more than doubled between 2000 and 2007.
- According to a recent study, over 80% of Americans now believe all new homes constructed should include Solar Energy systems.
- In the same study, many participants were willing to pay a premium of up to 10% for homes that have Solar Energy systems built-in.
- Under a recent government plan, homeowners who install solar heaters are now eligible for a 30 percent federal tax credit on the installed system's cost with no maximum limit.