Home Solar Panels
June 15, 2011 by USA Post
Home Solar Panels, Google is making the largest investment in clean energy even in an effort to help private owners put solar panels on their roofs. El, 280 million compared to installer SolarCity is the largest of its kind. SolarCity can use the funds to pay for a solar system that can provide residents with no money down. In exchange, customers agree to pay a price for energy produced by the panels.
Google earns a return on their investment by charging interest SolarCity to use your money and get the federal and local benefits of renewable energy credits tax.
“It allows us to put our capital to work in a way that is very important to the founders and Google, and found a good business model to support,” said Joel Conkling Google Green business operations in an interview before the investment company announced Tuesday.
Google Co-founder and CEO Larry Page want Google to operations over time without producing net emissions of greenhouse gases. To this end, Google has invested in wind farms in North Dakota, California and Oregon, solar energy projects in California and Germany, and the early stages of a transmission system on the East Coast of the intention to encourage the construction of wind farms marine. SolarCity The agreement brings the total value of these investments and 680 million.
Google, based in Mountain View, California, is emerging as one of the largest corporate users of energy as it continues to build data centers filled with computers that run its search engine and other services.
This type of fund is Google is creating common residential solar industry, general and administrative typical rooftop solar system and 25.000 to 30.000, and too much for many homeowners to design. In contrast, solar energy suppliers and competitors SolarCity Sungevity SunRun and the system can pay for with money borrowed from a bank or a fund of special design. The resident then pays a rate set by the energy generated. The lower rate is more or less the same as the local price of electricity.
A typical 5-kilowatt system will generate about 7,000 kilowatt-hours of energy a year, or about 60 percent of annual use of the typical family. The homeowner buys the rest of the electricity needs of local public services. The homeowner typically enjoys lower total energy bills and therefore is protected against potential price increases of traditional electricity in the future.
Electricity prices have increased in recent months, as gasoline and heating oil. But is expected to creep up in coming years as the cost of clean air regulations are increasingly stringent transmitted to clients.
These types of programs do not work for all homes. In order that both the solar companies to make money and the homeowner to save money you must be a combination of high local electricity rates, state and local grants, and low installation costs.
And, of course, the sun. A house needs a roof, preferably facing south, which is not shaded by trees or structures.
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