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Saturn Aura is going to be the first hybrid GM is launching on the US market, as a direct competitor for Toyota Prius. Only in 2006, Toyota sold 107,000 Prius units, creating a big popularity of the hybrid.
Home Solar Power
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Saturn Aura is going to be the first hybrid GM is launching on the US market, as a direct competitor for Toyota Prius. Only in 2006, Toyota sold 107,000 Prius units, creating a big popularity of the hybrid.
Solar power for homes will reduce your electricity bills, and sometimes even totally eliminate them. Make no mistake, solar power for homes is a brilliant and easy way to make your own electricity and thereby reduce your electricity bills.
There are lots of guides on the internet to teach you how to make solar power [...]
It took a long time to get into this mess. It will take a while to get out of it.
The new economy promises an abundance of green jobs. Are you ready?
Are we spending too many resources to restore an economic system that was broken anyway? It’s time for a new economy.
Right now, it does look like something that would have come out of a science fiction movie. But there is more to just how it looks. The newest solar race car that the MIT has created has got the goods that will make most owners of alternative energy vehicles drool.
The Solar Electric Vehicle Team of the university is the group behind this newest solar race car. They say that this ride can zoom by at speeds of 90 miles per hour. They had spent $243,000 on this one and they call it Eleanor. Just like the vehicle that Nicolas Cage was so afraid of in Gone in 60 Seconds? I don’t know.
But anyhow, George Hansel, one of the members of the solar team, shares, “It drives beautifully. It’s fun to drive and quite a spectacle.” They are working on the vehicle already and testing it because it is going to be taking part at the World Solar Challenge which is a 2000-mile solar race for seven days through Australia.
Source: Wired
Tags: MIT, Solar, Solar Electric Vehicle Team, solar-car, World Solar Challenge
Save thousands on a solar electric system by learning this simple secret.
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MIT engineers have been developing and are now testing an upgrade to the old bicycle that can be easily installed and that can transform your foot-powered 2-wheeler into a full-electric vehicle (or hybrid, if you use your own force).
After Obama signed the stimulus bill last week, the renewable energy media was buzzing. Every reporter wanted to weigh-in on how the 1200 page bill would affect cleantech industries like solar and wind.
But, what homeowners want to know is how the bill will help them.
Especially for those who have been looking into home solar electricity for awhile, many homeowners were hoping that the new administration would bring increased solar rebates from the federal government. No such luck with this bill.
So what’s in it, anyway?
There are two main provisions for solar electricity:
1. Cash grant
At the end of last year, as part of the “bailout” plan of 2008, Congress extended the federal solar rebate for 8 years. Under this law, both businesses and homeowners can receive a 30% rebate for the cost of the system in the form of a federal tax credit. Previously homeowners’ rebates were capped at $2,000.
With the new economic stimulus bill passed last week, businesses – but not homeowners – can choose to receive this rebate in the form of a cash grant instead of a tax credit. Homeowners must still take the rebate as a tax credit. So, they must owe enough in taxes to be able to make full use of this government money.
2. Municipal solar financing
There are a few cities, like Berkeley, CA, which have developed programs where homeowners can finance solar electric systems through their property taxes. Previously it was unclear if homeowners who financed solar in this way were eligible to receive the government rebate. The new economic stimulus bill clarifies that homeowners who go solar with this kind of municipal financing can receive the federal solar tax credit.
So what does all this mean for the solar industry?
The municipal solar financing provision isn’t a big change, but rather just a clarification, and will only affect the relatively small number of people who live in cities with municipal solar financing programs.
The cash grant could be helpful to solar developers who are struggling to raise tax equity, which is what solar businesses need to be able to use the federal tax credit. Unfortunately, though, the cash grant program will likely take several months to get up and running, especially because many Treasury Department positions remain empty. Plus, businesses who rely on the cash grant could stumble in 2010 when the program expires. It’s also a better for a business to use the tax credit instead of the cash grant because it also lets them use a financial tool called accelerated depreciation, which is quite valuable.
Although this economic stimulus bill likely won’t be a game-changer for home solar electricity, solar is still one of the safest places homeowners can put their money in this economy. Call us at 877 SUN MOJO and we’ll tell you more!
clipped from efhutton.blogspot.comI want to issue a major note of caution here. The formation above could be signaling a market capitulation. Think about it like flushing a toilet. You know what goes down the toilet=, but then the bowl fills right back up. My guess is, if flushed it will be a great…
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