The US Energy Information Administration (EIA) projects world energy use to grow by 44% between 2006 and 2030, with an increased CO2 output of 39%. With rising demand often comes rising prices for the cost of energy. Some experts agree that the rising cost of energy could cause some to think about renewable resources from a different view of green; their bank accounts.
Stabilizing energy costs through distributed power are helping many companies, farms, and schools optimize their operations. For those interested in renewable energy and distributed power for their own power consumption offset the time has never been better! Currently, 42 states and DC offer net metering programs that allow customers to interconnect and offer payment for energy produced. Combine net-metering with the standard 30% Federal Tax Credit and the ROI for renewable power sources is even brighter. Many states, municipalities, and utilities also offer incentives making the opportunity to go green payoff in gold! For more information about incentives offered by state visit www.dsireusa.org.
Comments
Those are some very interesting numbers. I think it's great how alternative sources for energy is growing more mainstream every day!
Got something to say?
Examiner.com is looking for writers, photographers, and videographers to join the fastest growing group of local insiders. If you are interested in growing your online rep apply to be an Examiner today!