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Solar Power Grants

Offsetting Initial Cost of Solar Power through Grants

Solar power grants are money given to an individual, company, or nonprofit group, be it from the government, a company, an individual, or a philanthropic non-profit organization; with the specific intension of promoting the use of solar power by offsetting the cost of installation or research with a monetary incentive (a grant).

As an incentive solar power grants can be in the form of currency, or the shape of a tax break. Either one helps everybody change from one energy infrastructure to the next.

An infrastructure like oil-based electricity is the most common system being abandoned, while some places are changing from having no power, to being able to have power through solar power grants.

Disconnecting from electrical and oil dependence can be expensive. Solar power grants bring money into play that is given, as a grant, because the needs of this energy use change, will benefit society as a whole.

The Federal Energy Policy Act of 2005 offers tax credits for solar power systems and solar thermal (hot water) systems.

Home owners, commercial business buildings, municipality facilities, schools, religious institutional facilities all need to shift from standard wire and coal based electrical systems to renewable energy systems such as solar photovoltaic electricity, wind generated electricity, radio scopic electricity and others.

The grants help homeowners increase the value of their home, and cut utility bills by fifty percent.

This money cuts down the cost of redesigning and refitting the buildings infrastructure.

Changing heating, cooling, and electrical sources, modes of distribution in the home or facility, foundational support for the new equipment, converting it to fit the current of machines and appliances that are not going to be replaced requires skilled professionals.

While people to handle skilled and tedious or time consuming labor, licensing, building inspection for fire-flood-earth quake and health are all important projects that need workers and skilled workers who deserve to make a comfortable living doing their job.

Solar grant money makes these necessary steps accessible and keeps the journeymen involved paid.

Solar power grants help everyone live in a greener society. They make sure that the worker on the front line of transitioning our nation and world, into a greener ecofriendly producer, still gets paid.

The solar power grant makes sure that the people changing their building or structure into a green structure is not only motivated to do so, but also avoid any crushing financial burdens that were unexpected during the process of transitioning from an oil based electrical system to a photovoltaic system.

For those looking for a grant: Determine what kind of solar power one will be working with. For example, heating and cooling with solar power is much different from photovoltaic PV solar power; photovoltaic PV is the type that generates electricity while passive thermal solar will heat and cool water and environments.

Finding government and political support is different now than it once was in the past; the idea of individuals getting free electricity in the past was not thought well of in the capitalist society of the past.

JP Morgan said that he would not sponsor the Tesla coil because it would not make him money, for example, however JP Morgan obviously could not see how a greener planet might benefit him and his descendants.

Rather than corporate greed, and governments turning a blind eye: Both government and private institutions are now pouring money into saving the planet and our own economy as well as our own environment through solar power grants.

The paradigm shift between the thought processes of JP Morgans day, and that of today are overt.

Now both governments and corporations are putting a large amount of time and resources into helping people achieve free power for their homes.

Google is putting up ten million in grants to support renewable energy research. The U.S. Federal Government is offering up to twenty thousand dollars in rebates to homeowners choose to benefit themselves and the country by switching to solar power.

Due to the rise in heating prices this year has been record year for people in Maryland taking advantage of state grants aimed at helping them install solar and geothermal heating systems in their homes.

Last year the grants were so low that it made no sense for people to take advantage of them. This year the price of nonrenewable energy rose. The state government raised the grant amount as well. People flocked to benefit from the grant process. In less that two months into the summer, the $500K plus allotted for solar and thermal grants had been exhausted.

We are facing a global environmental crisis at present and it is good that there are rebates from our tax dollars that are helping us absorb more of the initial costs.

Solar Power Grants cut down on carbon oil output from grid-derived electricity; making money by selling the excess back to the grid company, saving on electrical costs, on the monthly bill and conversion construction costs.

Solar power grants can be very helpful in offsetting the initial cost of implementing renewable energy projects that help our society make the transition to a more sustainable energy producing culture free of oil-based energy generation.




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Posted in Solar Times by admin on September 30, 2008.

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