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Tax credit promotes 'solar revolution'

Posted November 4

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— John Argentati said he wanted his house to take full advantage of the sun's power, which is why he decided to utilize solar energy in his home. In the winter, the sun heats his living space into the low 80s.

“The warm air rises into our bedrooms and as it cools, it sinks and it sets up a convection loop. It's just wonderful,” he said.

Last year, Argentati added solar panels to the roof, and his power bill plunged.

“Usually it's around $50 a month, occasionally it's less, like, 9 dollars a month. I love those $9 electric bills,” Argentati said.

Ivan Urlaub, executive director at the North Carolina Sustainable Energy Association, a nonprofit that promotes the state's clean energy economy, said as solar panel prices fall, more people and businesses are switching, and it's helping the industry.

Urlaub said technology is evolving, making it easier for people to store energy they generate from solar panels, which could be the next step in a solar revolution.

“The more people that make these investments and reduce their need for energy, that collectively saves all of us money, because that's fewer power plants we need to build,” he said

Argentati said he's glad his family made the switch to solar.

“It's wonderful. We love living in a solar house. It's fantastic,” he said.

The state's solar tax credit, which paid for part of the cost of an installed system, expired at the end of 2015. A federal solar tax credit has been extended through 2021.

2 Comments

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  • Rodney Hill Nov 5, 9:44 a.m.
    user avatar

    Yeay, $41/mo! It'll only take you 40+ years to pay of the investment! (Assuming the Nat'l average installation cost of $3.88/watt and a 5kW install, although the picture looks like it could be more than 5kW)

    That's a great deal

    -End Sarcasm

    In reality, solar systems are a great idea, but not cost effective. Who lives in their house for 40+ years?

  • Sean Chen Nov 5, 3:13 a.m.
    user avatar

    Hope the prices keep falling. Even WITH the state credits that expired… the initial cost to install the solar panels was pretty hefty for the average homeowner in NC.tialcost to install panels is pretty hefty for the average NC homeowner.