As reported recently in both USA Today and The New York Times, the downturn in the economy has caused a recent increase in manufacturers’ inventory of solar panels. According to USA Today’s story, prices have decreased 15% for the materials, with labor costs remaining unchanged. Projections include a further 20% drop in prices. At a stated cost of $8,000(US) per kilowatt before rebates, these systems seem unduly expensive upfront. However, just as economic times turn difficult, infrastructure projects such as solar installations (PV or solar thermal) and increasing energy efficiency (or weatherizing buildings) become essential. If the cost of installing a photovoltaic system is not feasible, taking steps to ensure the retention of heat during the winter months by properly insulating attics, as well as weather stripping doors and windows, can reduce energy consumption, with the added benefit of curbing costs.

2nd Green Revolution