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A solar power system is a no-risk, long term, high return way to invest your money. Solar offers a tax free annual return of 7 to 11%. This is very competitive with other high risk investment such as stocks and bonds. As utility rates raise (which is happening substantially across the board) the annual return increases. |
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Utility incentives pay for a significant portion of the solar system cost. The California Solar Initiative requires your utility to write you a check for an average of 30% of the overall cost of the system. Furthermore the Federal government offers a 30% tax credit. |
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Solar electricity is one of the best ways a person or family can make a difference with global warming and the environment. Over 50% of this country's electricity is made buy burning coal. Every 1000w of solar panels you install is the equivalent of planting three acres of trees a year, keeping 2 tons of CO2 out of the atmosphere every month. |