Financially, Solar Power for the Home Is a Tough Sell
By DAMON DARLIN, New York Times, April 14, 2007
Source: The New York Times
http://www.nytimes.com/2007/04/14/business/14money.html?ref=science
With a $2,000 federal tax credit and generous rebates from states like New Jersey and California, it has never cost less to install a solar power system. And it still makes no economic sense. You might want photovoltaic solar panels to generate your own electricity out of a belief that you will save the planet. But, as is the case with hybrid vehicles, you certainly should not do it to save money. An online calculator (www.findsolar.com/index.php?page=rightforme) created by solar power advocates and the Department of Energy demonstrates just how hard it is to justify the switch.
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