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