How has the US Government made solar panels cheaper for consumers?

Science
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Writing on something and trying to see if solar panels is even an option, if the government has helped in funding them as a  natural resource?

Oct 3rd, 2015

Thank you for the opportunity to help you with your question!

In the most recent couple of decades, innovative jumps and the scaled-up creation of solar panels have made sun oriented power drastically less costly. What began as an innovation used to power satellites, telescopes, and different vehicles in space is presently utilized as a part of homes, office structures and stockrooms, and even as sun oriented homesteads covering sections of land of area. Before the decade's over, sun oriented vitality could get to be less expensive than ordinary power in numerous parts of the nation, and the proceeded with development of the business could make countless American occupations 

New ad concentrating solar based force plants are being constructed all through the Southwest, however sun powered force can be utilized wherever the sun sparkles. The 32-megawatt Long Island Solar Farm at Brookhaven National Laboratory, as of now the biggest sun based ranch on the East Coast, delivers enough power every year to control almost 4,500 homes. The task made more than 200 privately sourced development employments and keeps up two full-time laborers for operations and maintenance.[3] 

Property holders, ranches and organizations the nation over are introducing solar panels to diminish their electric bills. Numerous ranches and organizations, with their open grounds and/or huge structures, can introduce enough solar to pay their whole electric bill, or if nothing else diminish unreasonable summer power rates, which is frequently the case for northern states. 

The expense of sun powered energy has fallen pointedly throughout the most recent 20 years, with quickening value decreases in the last five years. The developing worldwide interest for solar power has deciphered into assembling and production network efficiencies, bringing about value decays keeping pace with shopper hardware like PDAs, smart phones, top quality TVs. 

Power from little or medium-scale sun oriented establishments, for example, those on homes or organizations, costs around 12 to 30 cents for each kilowatt-hour, however these costs ought to keep on dropping because of falling establishment costs, open, minimal effort, long haul financing, and a solid number of motivations and assessment bundles offered by almost every state government


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Sep 22nd, 2015

Thank you so much for all these amazing facts!  I am a bit unclear how the US Government has made solar panels cheaper for consumers though.  Thank you again for all your insight and work!

Sep 22nd, 2015
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Solar panels don’t come cheap: with installation, they can cost around $5 per watt, or $15,000 for an average residential 3kW system. While the system itself is a significant initial investment, it has immediate monetary and environmental benefits.

The average U.S. household consumes about 1 kW per hour of electricity, or 900 kWh per month. For example, an energy efficient fridge will use about 350 kWh per year (at an average utility cost of $0.12/watt, that’s less than $50 a year), while a large plasma screen TV can use as much as 700 kWh per year (about $100/yr).

In an effort to encourage homeowners to go green, the U.S. government has offered significant tax credits for installing solar panels as an alternate energy source. While a tax break that allowed renewable energy companies to recoup 30% of a new project back as a cash grant after construction expired this year, a residential federal tax credit of 30% will remain in place until December 31st of 2016.

Additional credits vary state by state, but if you live in a sunny state with a high solar rating—a measurement of the average solar energy available for your home—such as Arizona, California, or New Mexico, you may find additional incentives like cash back, waived fees, and expedited permits.


Sep 22nd, 2015

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Oct 3rd, 2015
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Oct 3rd, 2015
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