Solar tech at up to 45 percent off the price(Pennsylvania)
State to cut solar-power costs
Daily Record/Sunday News
Updated: 05/26/2009 10:04:59 AM EDT
A new program opened today that will allow Pennsylvania homeowners and businesses to install solar technologies at up to 45 percent off the price.
Outlined by Gov. Ed Rendell in Philadelphia today, it is called the PA Sunshine Solar Program, and it will provide $100 million in rebates to help fund solar electric and hot water projects. This will reimburse up to 35 percent of the purchase and installation costs.
When combined with existing federal tax credits for alternative energy projects, homeowners and businesses can cut the price tag of solar power by 45 percent, according to the state Department of Environmental Protection.
A five-kilowatt solar system could cut in half the electric bill of the typical household, according to the Department of Environmental Protection. That’s a savings of about $620 per year.
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