An Idea to take up-front cash on long term debt via Solar.

Based on Amendments to the Bailout Bill that Passed in November, there's a 30% Tax Credit for Solar Energy Installation Costs.

Let's see. If you borrow the cost of a Solar Project to be payed back over some number of years, you'll get 30% back all at once around tax-time (if you payed out the equivalent in taxes that year). If you don't owe on taxes, there's still the possibility that the 30% credit will become fully refundable under the upcoming stimulus package.

Do you think that some folks wouldn't like 30% upfront on a long-term loan, particularly on a loan for a product that will pay itself off in the long term?* These guys need all the upfront money they can get, and you can bet that this 30% will look appealing to many. It's like a money machine. Watch Solar Equipment Demand take off over the course of this year.

*Depending on circumstances.

Happy New Year part 1. Tax Credits are Effective Today!

Here's a short article on the Credits.

Here's a good article on Inverters by the same author

I'm starting to think that a good way for to go for a self-starter, or one with limited funds upfront, would be to buy an Inverter, and a minimal number of Panels ASAP. This would make the home Solar-Ready, with the inverter reflecting the greatest single-item cost, and would allow for expansion in production over time.

I'm going to go to the Bank soon, and start looking into financing. They WANT to lend money, but they want to lend money safely. What's a safer bet these days than lending money on a system with a potential immediate payback of 30% in Tax Credits, which not only adds real value to the home, and provides for immediate and long term payback in in the form of free electricity.