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Environment, Featured, Investing »

[8 Jan 2009 | No Comment | 1,475 views]
Star Power: Is a Solar Boom in the Future?

A recent article in BusinessWeek, “Solar: The Sun Will Come Out Tomorrow”, discussed factors that could lead to a boom in the solar power industry in the not too distant future. 
“As prices come down, the economics of solar power will look much better” said managing director for renewable energy at Navigant Consulting. Recently prices in the solar panel market have plunged and the outlook for the next two quarters look gloomy. However the article points out that several factors could lead to a strong comeback by solar.
-Congress just passed a …

Featured, Investing, Productivity »

[5 Jan 2009 | No Comment | 2,261 views]
How to Profit by Investing in Solar Panels

Advancements in photovoltaic cells, which convert sunlight directly into electricity, have greatly decreased the once prohibitive cost of solar panels. Additionally, high costs of energy that are likely to ascend in the future suggest that an investment in solar panels for your home may provide you with healthy returns.
One company that is lowering the barrier of entry into owning solar panels is SolarCity Inc. in California. They offer a 15-year lease for solar panels that includes installation, free repairs and free removal at the end of the lease. They also …