If you’re thinking that renewable energy is still out of your financial reach, you might want to check out our new page, Federal Tax Credits for Energy Generation Equipment. You’ll find it listed under the “Our Homes” tab.
The cost of solar panels camedown approximately 50% in 2011 and with the federal and state tax credits, you’ll want to put a pencil to the cost effectiveness. Designing the most efficient renewable energy system can be an overwhelming task. I recommend an excellent post by Australian professor, John Mathews, relating to the global issues relating to solar panel overproduction and how that relates to price. Newsflash: Solar power is falling below the cost of fossil fuel.