As the economy continues its tailspin towards terminal velocity, many will find the costs of installing renewable energy systems a deal breaker. Though the costs of systems are dropping, PV panel prices are set to decrease by as much as 40% by year end, and will continue to drop as economies of scale kick in, the cost of having a system installed can be multiple tens of thousands of dollars. Anyone out there tried to borrow that kind of money lately? There is a real danger that just as the technology becomes affordable, the grid gets upgraded, and the incentives are put in place, the people will be worried about affording food and will not be able to even consider renewable energy. Even without that scenario efforts need to be made to insure that RE is not just some niche nifty technology for the rich. It must be made available to all.
The cities of Berkeley and Portland have come up with creative solutions. Read more about their financing options at openalex.
The Berkeley solution requires active participation from government, but then changing the dominant paradigm should necessarily involve governments' active participation. Here's an excerpt from the post about it on openalex,
"On a typical $22,000 solar system, homeowners would pay about $180 a month on their property taxes. But the amount is reduced when factoring in PG&E rebates, which range from $2,000 to $15,000, plus a federal tax credit that allows homeowners to deduct 30 percent of the cost of the solar system from the overall amount of tax they owe."
I have heard some encouraging rumours about positive developments with government and Belco, the energy monopoly on the island. The Bermuda government energy green paper is just out, I'll peruse it and get back to you.
What have you done today to lower your impact?
We are washing away the foundations of our existence on every front. It is high time we move from crashing about on the planet like a bull in china shop and find a way to go forward with intent. We must find systems of living based on sustainability. The systems and tools exist, it is up to each of us to adopt them.
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- Sheffield Star online post #9, Insulation basics
- Check out this music video about energy efficiency...
- Earth Hour, What did you learn?
- A Farm for the Future
- Kids and Earth Hour
- Human potential is directly proportional to Human ...
- Need land to grow more food?
- GM based agriculture incurs more costs than benefi...
- EPA halts permitting of mountaintop removal mining...
- Progress in Washington on Climate Change
- Transition 101- post #1
- World Oil production has peaked. Are you ready?
- A couple interesting UrbanAg sites
- Yes We Must!
- cool animation about warming earth
- You think I'm against GMO's.....
- The dangers of the blinkered US media
- The Transition Handbook
- Is it too late?
- Sustainable cities?
- Sustainable agriculture petition
- Business as Usual
- Will your state benefit from Climate Change legisl...
- Composter made from recycled pallets
- 6 key messages from Copenhagen
- It's Broke, don't fix it!
- Finally, Some Good News About Our Oceans
- Do you own property near a coastline?
- Gulf Stream Instability
- Acidic Seas threaten mass extinctions
- This Dusty ole Dust... The west is drying up
- Mr. Coal Waste goes to Washington
- Foodzoning the foodshed on Transition Culture
- Thrift, a source of renewable energy
- BT Cotton kills the soil
- Green vs. Conventional Energy
- Public Transport in Bermuda
- Time is running out to STOP NAIS!
- Nuked By Friend and Foe
- Coal: Cleanup, Costs, and Consequences in Tennesse...
- Island economies and sustainability
- Financing microgeneration in Bermuda and elsewhere...
- Coen Brothers chip in to stop dirty coal.
- Today is the day. Stop Dirty Coal!
- Electric transportation in Bermuda
- Protest Dirty Coal Energy, Tomorrow
- ▼ March (46)