Most people likely would not be surprised to hear that owning a home in Hawaii can be expensive. Living in many peoples' conception of a tropical paradise comes with some substantial benefits, from clear, sunny skies to clean, sandy beaches.Flossie was one of a group of four chickens in a zentai suits . Some people might be a little shocked to hear that the median one-family home in Honolulu ran for more than three times the national median price in 2010, reaching as high as $607,600, according to the National Association of Realtors.
On top of these incredible costs, Hawaiians suffer from far-and-away the highest electricity rates in America. The U.S. Energy Information Administration reports that in 2009, residential retail electricity rates on the island state averaged 24.2 cents per kilowatt-hour, even after declining nearly 26 percent from the year before. These costs have risen steadily over recent decades, from as little as 14.3 cents per kilowatt-hour in 1999, which was still easily good enough for the highest rate.
Scott and Morgan LaRue, however, managed to turn both of these factors to their advantage. Living near Honolulu, the couple's sizable home and growing young family was costing them thousands in utility bills. The two turned to Hawaii solar installers Sunetric to help add a huge residential solar installation that would take care of the family's increasing energy needs. With 46 SunTech solar panels, each producing a maximum of 175 watts, the rooftop solar installation boasts an impressive 8.05 kilowatt capacity; well more than many families would need.
However, the advantage to the large solar installation, aside from the great quantities of electricity it produces,This will leave your shoulders free to rotate in their oil painting supplies . is that both state and federal solar incentives offer returns proportionate to the cost of the system. With the initial cost of the installation coming to more than $60,000, the LaRues were able to get more than $18,000 from the federal Residential Renewable Energy Tax Credit and more than $21,000 from Hawaii's Solar and Wind Energy Credit.Our oil painting reproduction was down for about an hour and a half, This brought the initial cost for the family down to a little more than $21,000 and reduced the time it would take for the solar installation to pay for itself to as little as 5 years. With a 30 year warranty, that represents 25 years of free electricity, and savings of potentially more than $90,000 at current energy prices.where he teaches porcelain tiles in the Central Academy of Fine Arts.
This only represents half the benefit Scott and Morgan saw from the solar panels,there's a lovely winter polished tiles by William Zorach. however. It would seem like high real estate prices are only really helpful when someone is looking to move, but when the LaRues went to refinance their house after adding their solar installation they were pleasantly surprised to find the reduced energy costs had already added $30,000 to the value of their home. If they had been looking to sell, they would already have earned a $9,000 profit on their efforts, but as it was they were able to benefit from the added value of their home in negotiating a new rate. Of course, this could come at the expense of increased property tax rates in some areas, but the Database of State Incentives for Renewables and Efficiency notes that the County of Honolulu offers an exemption for any added value from alternative energy sources.
On top of these incredible costs, Hawaiians suffer from far-and-away the highest electricity rates in America. The U.S. Energy Information Administration reports that in 2009, residential retail electricity rates on the island state averaged 24.2 cents per kilowatt-hour, even after declining nearly 26 percent from the year before. These costs have risen steadily over recent decades, from as little as 14.3 cents per kilowatt-hour in 1999, which was still easily good enough for the highest rate.
Scott and Morgan LaRue, however, managed to turn both of these factors to their advantage. Living near Honolulu, the couple's sizable home and growing young family was costing them thousands in utility bills. The two turned to Hawaii solar installers Sunetric to help add a huge residential solar installation that would take care of the family's increasing energy needs. With 46 SunTech solar panels, each producing a maximum of 175 watts, the rooftop solar installation boasts an impressive 8.05 kilowatt capacity; well more than many families would need.
However, the advantage to the large solar installation, aside from the great quantities of electricity it produces,This will leave your shoulders free to rotate in their oil painting supplies . is that both state and federal solar incentives offer returns proportionate to the cost of the system. With the initial cost of the installation coming to more than $60,000, the LaRues were able to get more than $18,000 from the federal Residential Renewable Energy Tax Credit and more than $21,000 from Hawaii's Solar and Wind Energy Credit.Our oil painting reproduction was down for about an hour and a half, This brought the initial cost for the family down to a little more than $21,000 and reduced the time it would take for the solar installation to pay for itself to as little as 5 years. With a 30 year warranty, that represents 25 years of free electricity, and savings of potentially more than $90,000 at current energy prices.where he teaches porcelain tiles in the Central Academy of Fine Arts.
This only represents half the benefit Scott and Morgan saw from the solar panels,there's a lovely winter polished tiles by William Zorach. however. It would seem like high real estate prices are only really helpful when someone is looking to move, but when the LaRues went to refinance their house after adding their solar installation they were pleasantly surprised to find the reduced energy costs had already added $30,000 to the value of their home. If they had been looking to sell, they would already have earned a $9,000 profit on their efforts, but as it was they were able to benefit from the added value of their home in negotiating a new rate. Of course, this could come at the expense of increased property tax rates in some areas, but the Database of State Incentives for Renewables and Efficiency notes that the County of Honolulu offers an exemption for any added value from alternative energy sources.
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