Tax breaks make solar energy attractive
Mar 24 - McClatchy-Tribune Regional News - Matt Robinson The Deming
Headlight, N.M.
Solar energy producing technology has been around for quite awhile, but
as two local families explained, timing is everything.
"Green Go," a division of Villarreal and Sons Electric, an Anthony,
Texas-based company, has recently completed two residential projects for
two Deming families. The key for the families involved was the increase
in available federal and state tax incentives for installing systems.
"We've been interested in solar before," Mike Walsh said. The system
installed for Walsh and his wife, Barbara, a Deming Headlight columnist,
generates about 200 to 300 kilowatts over a week. For perspective, the
average dishwasher uses about 30 kilowatts in a month. "We were waiting
until the federal side and science side came together."
And come together it has, in the form of incentive and technology that
makes the process more efficient, cheaper and depending on the system,
more reliable. Regulations have also been passed which regulate how
incentives are dispersed. Detailed information on incentives is
available at www.energystar.gov.
The Villarreals also installed an approximately six-kilowatt
system for Don and Mary Lou Cameron. On an average day, as Don Cameron
explained, the system can generate anywhere from 30 to 35 kilowatts.
"I've been interested since about 1970," Cameron said. "I built a little
solar oven in El Paso.
His solar array consists of 27 panels that produce about 210 watts per
panel, depending on the weather.
"I love it," he added.
Cameron noted that some systems, installed by a licensed contractor, run
about $9.50 per watt. He, along with Mike and Barbara Walsh -- who have
also had a system installed -- agree that the initial cost is worth it,
considering the long-term payoff. Each have arrangements with PNM to
feed produced power back into the grid for compensation.
"Our system went up on September 29 (2009) and we have not had a bill,"
Mike Walsh said.
Walsh explained the system qualified for a 30-percent tax credit from
the federal government and 10-percent from the state.
"By my calculations, we are saving $175 to $200 per month between
Department of Energy credits and electricity (costs)," he added.
Cameron, a retired mechanical engineer, says he should have his system
paid off with his utility savings in about nine years. He advises folks
to "get a good contractor" if they are interested and would like a good
system.
Walsh's machine records how much carbon dioxide output is saved by using
solar energy instead of other means. During the life of the system,
about 7,700 pounds of carbon dioxide have been saved.
For more information, visit www.energy.gov.
Matt Robinson can be reached at
mrobinson@demingheadlight.com
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McClatchy-Tribune Information Services
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