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Doing homework necessary when installing solar power

by Tim W. Glass

Luckily for Wiese and the congregation, solar power became affordable through a solar lease.

The solar industry in Tucson had exploded from merely a dozen or so companies in 2008 to 172 companies by the end of 2011. The Arizona Solar Energy Industry Association (AriSEIA), attributes that growth to the advent of solar leases.

The leases put solar energy within the reach of businesses and homeowners who couldn't afford the costly systems, but companies took advantage of consumers by cashing in on incentives just for signing contracts with clients, said Katherine Kent, owner of The Solar Store .

“They were earning $1.50 per watt just for signing contracts,” she said.

An average system in Tucson ranges from 8 to 10 kilowatts, so companies were taking in $12,000 to $15,000 for signing contracts.

The incentives were put in place to help spur the industry. The Internal Revenue Service offered $1.85 per installed watt in tax credits, TEP offered $2 per watt for the power. Businesses also could fully depreciate the equipment as a tax write-off, the first year. Companies were receiving $5.48 per installed watt in incentives, and only paying $4.50 per watt to install a system.

Thanks to our donors and sponsors for their support of local independent reporting. Join Rocco's Little Chicago, Jane Erikson, and Patricia Russell and contribute today!

Ryan Hurley is the president of AriSEIA and head of renewable energy policy and research at the Rose Law Group .According to Hurley, companies only received the incentives once the power was turned on. Hurley said one company in Tucson was taking large deposits and using that money to fund other projects, but that company is no longer in business.

A typical 7 kilowatt residential system costs a homeowner $31,500 to buy and have installed. Even after generous incentives by the IRS – 30 percent of the installed system price, a $1,000 Arizona state tax credit, and 75 cents per installed watt from TEP , homeowners still pay a little more than $17,000.

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Solar Power 101 - how does sunlight turn into electricity

Please sign the Declaration of Endependence at www.endependence.info/declarat ion . Short and concise explanation of solar photovoltaic systems ...

Solar Power - News

SOLAR ENERGY: Maligned loan program brought region billions

Press-Enterprise - Oct 09, 2011

Unlike the Solyndra loan guarantee, which was made to the company for construction of a factory that had been designed to make a new kind of solar panel, the Energy Department is backing the Ivanpah project – not BrightSource itself.

YPSILANTI: National Solar Tour visits Ypsi area solar installations (video)

Heritage Newspapers - Oct 09, 2011

Ypsilanti Food Co-Op marketing coordinator Lisa Bashert shows Dawn Benette of Ypsilanti the solar power monitors for River Street Bakery and the Ypsilanti Food Co-Op during the National Solar Tour in Ypsilanti on Oct. 1,

Solar power tops poll of positive perceptions

Sydney Morning Herald - Oct 09, 2011

The survey found more than eight in 10 people had a positive view of solar energy. SOLAR energy has a very positive rating in the public's mind, while the nuclear industry and coal-fired power stations are at the bottom when people are asked about

Solar power?

May 08, 2007 by melaniecampbell | Posted in Other - Home & Garden

We are looking at buying a house and renovating it, and were wondering about using solar or wind power to power much of our house. We will have a well, be on a septic system, have a wood burning furnace for heating the house, so we would like to have

Go to canadiantire's web site and search solar panel.

they range from $30 -- $1000

Musa | May 08, 2007