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Solar Energy to Become More Affordable
One of the leading developers of solar power solutions, Applied Solar, Inc. today unveiled its new Solar Communities™ program in San Diego County. The program aims to increase the number of homes using solar power by eliminating two significant deterrents: aesthetics and cost. They will start the program off by holding a series of open house events. While many people are interested in renewable, environment-friendly energy sources, few are willing to make the initial investment of installing rooftop solar panel, which can cost tens of thousands of dollars. Also, though federal and state incentives are designed to significantly lower this initial cost, many people do not fully qualify. Applied Solar wants this to change. A spokesman for the company said that while more Americans than ever are aware of the environmental impact of their actions, the ailing economy has them keenly focused on controlling their monthly expenses. He added that any initiative designed to raise solar power usage must be combined with measures to control short-term costs. The company aims to reduce the typical payback term from ten years down to three or four.
The program makes available to homeowners in San Diego County power purchase agreements, or PPA essentially ... more
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