Sunday, August 25, 2013

Is the Solar PV system a passport to Energy Independence for sustainable communities?

The  Electrical power consumer now has the financial incentives available in most States in America to reduce the energy use and produce Solar Green power on their property. If they install a system that makes the same amount of power as they consume in one year then they are Energy independent from Electrical power point of view. This concept of distributed generation has the potential to set us FREE from dependence on Utilities grid system where the cost of power keeps going up.

Is it really possible to become Energy Independent with current incentives by installing Solar PV system?
Yes it is not only possible but in New York State, some small Municipalities have planned such projects and expect to do so by next July 4th 2013.

If you wanted to never worry about what the cost of power would be in future then you should look into the incentives available in your State and take action. In New York State, a large electrical energy consumers can partner with private company and obtain benefits of grants and financial incentives under a Power Purchase Agreement (PPA). Under this approach we have been able to achieve long term agreements that will allow communities an average cost of power in 6-8 cents range over the 20 year term of the agreement. Considering the life of Solar PV system to be over 30 years, the average cost of power over this life cycle comes down to 4-5 cents per kWh. This represents a great economic benefit when you consider that the same community may be paying 25 cents per kWh or more after 20 years.

We believe this is an opportunity every community should not miss and plan to implement a large scale solar PV system to save money and bring economic development to their community.

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