Savings from the Sun for Homeowners

Solar power is on track to supply household electricity at the same cost as power from the electric grid, so tell us the feds in a recent report. This positive news is the result of improved technologies. The report says that the cost of generating power from rooftop solar panels should drop from 21 cents per kilowatt hour in 2009 to 10 cents per kWh in 2015, which is the same rate that households are paying for electricity today. The report goes on to forecast that the price of solar power could go down to 6 cents per kWh by 2030, thereby saving households about $400 per year compared with today. That is good news indeed! Especially when you consider all that great sun our Folsom homes get most of the year. all4now