The Solar Power System by Solar Edison is an affordable solution for the supply of electricity. Due to its novelty, the company is committed to helping design as well as installs the system. Furthermore, there are a number of benefits for using solar electricity, where Solar Edison is committed to helping the customer by assisting them to obtain rebates and tax incentives.
A grid tied system is used, which is economical because it reduced energy bills, earns utility rebates of up to $2.50 per installed watt, qualifies for tax credit, and is exempt from state sales tax. In the first year, approximately 75% of the capital cost is earned back in the first year and the remaining in following four years.
This system is beneficial for residential use for it is economic, environmentally conscious, and recognized as a means to earn state and federal rebate as well as tax incentives. Through using this system, a customer’s energy bill is reduced or eliminated; it is also sustained for it fixes the cost of electricity over 20 years and avoids increases in utility rates. The customer can also sleep at night for the energy source is pollution free, reducing the world’s CO2 emissions. The three most common solar systems for residents are a Grid-Tie PV System, Off-Grid/Stand Alone System, or Grid-Tie/Battery Back Up.
When reading about Solar Edison, it seems so logical and I wonder why more people are not adapting this system. I am impressed by the company’s initiative concerning renewable energy and their emphasis on its economic benefits.