Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
There’s a fascinating, deep-dive on one home owner’s experience with solar energy over at ExtremeTech.com (see link below).
Loyd Case installed about 6 kw or about 27 panels on his rooftop in northern California. He writes about the installation process and what the power bill looks like: after about three weeks, it totals $11.34 and is likely to end the month at $16. If so, that will be just 5% of his $300 bill from a year before.
I get scores of questions from readers and friends in New York asking about the process of installing solar panels and what the finances look like. This write up answers a lot of those questions well. Admittedly, it’s California — one of the most aggressive markets in terms of incentives such as time of day pricing for solar. But many states including New Jersey, New York and in the South West are adopting similar policies.
Are you thinking about installing solar? If so, what’s the biggest barrier preventing you from doing so: A lack of information? Or a lack of skilled installers? Or is it the high upfront costs?
BusinessWeek correspondents John Carey and Mark Scott, cover the green scene, keeping on top of the business aspects of energy, the environment and climate change, as well as the technologies, policies, markets and people that are shaping how the earth's resources will be used in the century ahead.