Post details: ...but some do it better than others

...but some do it better than others

posted by anwar on 05.06.04 at 09:16, Economics, null, Leave a comment Permalink

After $1.3 billion in subsidies, about 160,000 homes have solar power systems. Solar power remains two to three times as expensive as the electricity supplied to households. But homeowners say that with time, the "free" electricity pays for the high installation costs. And the government is willing to devote taxes to the effort, preferring to spur rural employment through solar power installations to help reduce payments for foreign oil, coal and gas.

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