Is solar energy cost effective?

In Rhode Island, the $33,000 system can be reduced by a combination of a statewide solar grant, a statewide renewable energy program that pays the homeowner for generating electricity, a statewide renewable energy tax credit, and the federal tax credit, which is 30% of the net cost at installation, to bring the upfront cost to $12,000-$16,000 and the utility bill savings to nearly $70,000 over the 25-year lifespan of the system. read more

Rooftop solar is wasting billions of dollars per year and isn't green according to a commentary in the Wall Street Journal. Utility lawyer Brian Potts contends in his opinion piece that the rooftop solar "craze" is hindering the growth of more cost-effective renewable power sources. read more