Solar Traffic Sign Helps Cities, Municipalities save Money, Energy
Countless people across the nation are looking for ways to save on their utility bills in these recessionary hard times. One of the ways a homeowner could save on their electric bill is by having solar power panels installed in their rooftops so that the sun’s energy is captured in the solar powered panels to help warm the home in the winter and cool the house in the summer months.
Solar panel installers are currently in high demand because not only are people reaping the benefits from installing solar panels in their homes, they are also receiving state and federal tax credits to help defray their overall tax payments at the end of the year. The federal government tax credit for solar panel installation increased dramatically in 2009 from years past. A homeowner could receive a federal tax credit of up to 40 percent of net system cost after state rebates are deducted. This credit is taken directly off the amount of income tax you owe.
Probably not surprising to many, utility rates have been increasingly and steadily climbing by roughly 6 percent per year, with an estimated 30 percent jump in the past three years alone. And due to the skyrocketing cost of home heating fuels, along with higher electricity costs, this development does not look to be stopping anytime soon.
In addition to saving on homeowner’s utility bills, there are tax incentives by both the state and federal governments for those who install solar panels into their homes. The federal government tax credit for solar panel installation increased dramatically in 2009 from years past. A homeowner could receive a federal tax credit of up to 40 percent of net system cost after state rebates are deducted. This credit is taken directly off the amount of income tax you owe.
Cities and various size municipalities also want to save money on their utility bills so many of them use solar traffic signs which work under the same principle as the solar panels installed in homes. A solar traffic sign is regular traffic signs that have a solar panel attached to them that collects the sun’s ultraviolet rays to help generate three or four LED flashing lights which attract distracted drivers so they might pay attention to what the sign is telling them.
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