HOW SOLAR SAVES MONEY

Solar Energy Helping With High Electric Bills?

Lindsay Ladeluca, March 2, 2015 (WGGB - ABC40)

“Solar Energy is becoming more of a conversation now that electric bills for many are through the roof…[Thousands are] saving some big bucks and even when the sun goes down you still save by racking up credits with your electric company…[Solar output] powers your house…[The extra goes] to your neighbors and then your meter runs backwards and that’s [grid energy you can use essentially without cost] later in the evening…[The right kind of roof facing in the right direction is necessary.] Ideally your roof faces south with good exposure to the sun. But if your roof isn’t prime for panels, [Massachusetts allows utility customers to] buy a portion of a centrally based community solar project to still gain credits…Phil Dowling, President of Northampton Paint, said his company’s $500 electric bill was reduced] by at least 80%...[For the average residential electricity customer who pays $100 to $200 per month, the] your pay back with be 5-7 years…Massachusetts and the Federal Government have solar loan programs as well…” click here for more

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