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Benefits of Using Solar Energy Today with the shifting campaign of using cleaner and more affordable energy has caused and its rapid proliferation, the result is a slowly diminishing dependence of the costly and crippling effects of fossil fuel. Hydro, Steam and Natural Gas where once the only alternative utilities, but still has to be shouldered by government because of its gigantic expense to mount and maintain them. Privately owned utilities were also attracted to windmills to generate public power, but because of the huge expense it has not been widespread although it has marked the advent of renewable source of power similar to hydro power. Fossil, steam, and natural gas are sourced out and eventually become extinct, but not the windmill energy since it is renewable energy. Solar energy another form of renewable energy -the more recent source of energy, is not only drawing the attention of these privately owned public utility investors but to a greater extent, the recognition of individuals and business partners to have an independent source to power their own homes and their own business facilities. This alternative which is cost effective does not need more government regulation although it requires a substantial amount of investment in contrast to public or privately owned utilities. There is no civil accountability when power is located inside your private property so there is not much need for government regulations unlike other utilities with a larger scope. In the United States this shift is most visible because today people have started mounting solar panels on their roofs and in their business facilities. With sufficient sunshine across the nation, solar is an attractive option in every state not even so much because of its environmental benefits, but more on its ability to have their own fixed power with a cutthroat cost in generating them.
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Reduction in technology prices, innovative financing, and growing networks of solar installers and financial partners all helped drive down the prices for household systems.
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Thirty percent of the purchase price for solar panels are returned through the federal solar investment tax credit which is how the government encourages its citizens to adopt this alternative. And to cut the total cost even further, the state and local tax credit also gives rebates. Rooftop solar is going mainstream because of falling prices and innovative financing structures to make it broadly available to customers from increasingly diverse economic backgrounds. There are even some states that have policies in place to give assistance to low income or disadvantaged populations to own solar panels for themselves. Government is encouraged to give this incentive since it is also beneficial for them in that there will no longer be great subsidies, no hefty loans, no immense liabilities when each individual takes care of its own power source.