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View Diary: Los Angeles launches nation's largest solar rooftop program (17 comments)

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  •  Great news and we need a lot (3+ / 0-)
    Recommended by:
    VL Baker, Mokurai, Calamity Jean

    of cities, states and utilities to step up.

    In WA state, home owners get .54 per kwh if they install made in WA solar panels and inverters (applicable until 2020 for now).

    I signed a contract last month to install a 3 kw system on my house - which is about 1/3 of my overall power needs. I project that based on the power production payments, the federal tax credit of 30% and lower power bills, I should recoup my investment in about 7 years.

    It takes time to practice generosity, but being generous is the best use of our time. - Thich Nhat Hanh.

    by Frank In WA on Tue Jul 02, 2013 at 09:03:26 AM PDT

    •  That's a lot faster than any other (2+ / 0-)
      Recommended by:
      VL Baker, JeffW
      I should recoup my investment in about 7 years.  
      investment will earn back it's price.  You will be earning well over 10% on your investment.  

      Renewable energy brings national global security.     

      by Calamity Jean on Tue Jul 02, 2013 at 11:02:27 PM PDT

      [ Parent ]

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