Michigan Solar & Wind Power Solutions

Utility Company Incentives - A Real Game Changer 05/02/2009

Posted by Mark Hagerty

Whether the green you see is from the environment or from the dollar, these incentives make solar a smart investment.  Consumers Energy and DTE's respective programs seem like they are getting better in the MPSC hearings.  Some people were worried that the MPSC would not approve the programs as submitted; they didn't think they would strengthen them! 
Also on the horizon is an additional 11% electric rate hike that is suppose to kick in July. If we equate in an average annual 6% rate hike (it has been at least double that the last couple of years) it brings your return on investment to below ten years.  This is on a system where the panels are warranted for twenty-five years.  Basically you will have many, many years of free power.  This power will be free when the prices are the highest.
Now is the time to become as energy efficient as possible, plan you solar array, and get ready for the incentives!