| With massive energy consumption rates, California is | | | | incentives to businesses and residences that go solar. |
| in a perpetual energy supply and demand struggle. | | | | Specifically, we are talking about installing new solar |
| The state is looking to solar as an alternative and Los | | | | panels for the production of energy. The financial |
| Angeles just made it more attractive.Los Angeles | | | | incentive comes in a rebate of three to four dollars |
| Re-Starts Solar Incentives for HomeownersAs the | | | | per system watt and, obviously, the system must be |
| rolling blackouts each summer can attest, California is | | | | connected to the energy grid. For those that get |
| a state with major energy problems. The problem is | | | | utility bills in California, it is obvious such savings are |
| so bad that both candidates for governor are now | | | | massive.The primary problem with solar panels and |
| touting their energy plans with the Governator even | | | | power has always been the cost. Strictly speaking, |
| meeting with foreign officials on global warming | | | | the cost was far more than just sticking with power |
| issues! While politics always carry an air of promises | | | | delivered from the local utility. In California at least, |
| with little action, the powers that be in the state | | | | this is no longer the issue. A homeowner in Los |
| have actually taken some very strong steps.This past | | | | Angeles can now install a solar panel and get |
| year, California finally came to grips with its massive | | | | significant financial incentives that wipe out the cost |
| energy crisis. Laws and regulations where instituted in | | | | difference. First, the new system immediately |
| an effort to motivate Californians to turn to | | | | generates thousands of dollars in tax credits from |
| alternative energy sources, particularly solar power. | | | | the federal government. Second, the state offers |
| More importantly, these programs had guts. The | | | | incentives per watt and discounts on the new panel |
| state committed to providing over three billion dollars | | | | system. Third, the city now gives a discount. Fourth, |
| in financial incentives to motivate individuals to switch | | | | California is a net metering state, which means a |
| to solar. Part and parcel to this was an effort to | | | | homeowner can sell back the unused power from |
| encourage municipalities to also offer financial | | | | the solar panels to the utility company to further |
| incentives. Los Angeles has just jumped on the | | | | reduce their cost. All and all, many a homeowner that |
| bandwagon.As of August 14, 2006, the Los Angeles | | | | switches to solar panels can darn near expect to |
| Water and Power Department will be providing | | | | make a profit form it! |