Economic Feasibility Green Energies
Green Economics, Economic Feasibility, Economics of Renewable Energy, Costs, Alternative Energies, Solar, Wind, Geothermal, Renewables News DFW, Dallas Fort Worth North Texas North Central Texas
|Green Economics with Renewable Energy|
Is RenewableEnergy Economically Feasible?
Green Economics ofAlternative Energies for Homes and Businesses
News of Renewable & Alternative Energy
Join our email list here
There are many factors that need to be considered before deciding on the economics of going solar such as:
1. Size of system needed.
2. Cost of system.
3. Your budget.
4. Cash available.
5. Financing available.
6. Tax credits.
8. Plan to make home energy-efficient and its cost.
9. Net metering laws and practices.
10 Local electric rates.
11. Future inflation of rates. Rates have averaged 2.5 cents increase per year in Texas for several years. That is severe. However, it is generally accepted that all standard sources of producing energy will escalate rapidly now.
You must also consider:
Strangely enough, the time it will take for your system to pay for itself depends pretty much on the same items.
If you use a consultant, they will help you get this information together and analyze it on paper.
Back to Economics Directory
Do you need an energy consultant, energy auditor,
Copyright © 2008-2011 DFW Green Building and Renewable Energy. All rights reserved.Reprinted with permission which is not universally given. Please contact DFWGreen Building and Renewable Energy for permission in writing before using thesecopyrighted materials
Note: The opinions expressedherein are exclusively those of the writers or other participants and do not necessarily reflect theposition of CyberParent. They are not intended to take the place of advice of ahealth, legal, or other professional whose expertise you might need to seek.