Solar Energy and Your Business - Time for a Second Look!

As many know, Mike and I are building a home "off the grid" on Isla Solarte in Bocas Del Toro province, Panama. The solar panels are on the roof and we expect to power all the amenities that we've become accustomed to having - TV, ceiling fans, refrig's - you know everything. But on our US / California business building, we hit several barriers to adding the panels from orientation for maximum exposure to cost - But after reading Kelly's article, I'm searching for a good reason NOT to continue. Maybe you'll agree.

Solar Energy and Your Business: Time for a Second Look?

Posted: 08 Aug 2010 08:25 PM PDT

Like many, you may think of solar panels as an investment for idealists — those business owners who want to do something environmentally positive even though it can take over a decade to see financial payback.

After all, purchasing and installing a system of solar photovoltaic panels generally requires an upfront investment of $8 to $10 per watt, or upwards of $30,000 for many businesses. Those businesses might shave only $1,500 or $2,000 annually off their electric bills. It’s not exactly the ROI most business owners seek.

But the economics of solar energy are brightening, and it might make sense to take another look.

One reason is a new momentum nationally for solar energy production. The Obama administration unveiled plans recently to give $2 billion to two U.S.-based solar plants. The hope is to greatly bolster production of solar energy, while simultaneously creating more than 1,500 new green jobs. This kind of federal promotion of solar energy is helping increase competition among producers of solar panels and bringing the price of solar installations down.

Already, businesses can receive a tax credit of 30 percent of the cost of installing solar panels; the credit is available through 2016.

But there are other encouraging developments. Several states and local governments are using federal stimulus dollars to roll out new incentives, such as tax rebates, for businesses that install solar-power systems. Massachusetts, Delaware and Florida are among the states to do so. In recent years, states have also been bolstering their net-metering laws, requiring utilities to buy excess energy produced by customers with solar power. (A good place to check for solar incentives and net metering laws in your state is www.dsireusa.org.)

More utility providers are also starting to push solar incentives. Rocky Mountain Power, for instance, provides Utah commercial customers a $2-per-watt rebate for installing solar panels, while CPS Energy offers its Texas commercial customer $3 per watt. Many of these utility programs cap their annual payout.

But even with all these various incentives combined, many business owners are probably wondering whether it makes sense to buy solar panels right now. It’s a good question. While incentives may abound, the price of solar is likely to decline in coming years. A good place to start is by finding out what the upfront cost of installing solar panels would be for your business and then what incentives are currently available to defray that cost. Also factor in your business’s electric bills and how much you are likely to save annually with solar energy. Some businesses will now find paybacks of five years or less, while others may still have to wait more than a decade.

From Small Business Trends

Written by: Kelly Spors is a former small-business and entrepreneurship reporter and blogger for The Wall Street Journal who has also freelanced for Yahoo! and The New York Times.

Kelly is now communications and outreach coordinator for Energy Smart, a Minnesota nonprofit helping businesses save money through energy efficiency. The organization works with businesses of all size to help them get low- or no-cost energy audits and take advantage of energy-efficiency incentives offered through utility companies and government.

Follow Energy Smart on Twitter @mnenergysmart or on Facebook. She can be reached at kspors@mnchamber.com

Preditory Banking Service = Check Cashing Stores

Over the last year a task force has worked on building a collaboration of banks, community members and leaders to put in front of the many un-banked individuals in our are region an alternative to the predatory "Check Cashing - Cash Advance" stores. This will put money (fees, charges, usury interest) back in the hands of who need it most. This will rebuild the credit worthiness of the unbanked and create an environment that will foster the home buyer of the future. I was happy to have been part of this foundational work as a representative of the business community in South Sacramento. Finally. A project that will benefit the south Sacramento Community.

Press Release:
SACRAMENTO – Tomorrow Mayor Kevin Johnson will hold his weekly press availability in conjunction with the launch of ‘Bank on Sacramento’, an initiative who’s goal is to help 6,000 unbanked Sacramento residents open checking or savings accounts in 2010. Sacramento is one of seven cities selected for Governor Arnold Schwarzenegger's ‘Bank on California’ initiative, a collaborative initiative that will give over 30,000
unbanked households in Sacramento access to mainstream financial products and services. The overall goal of ‘Bank on California’—the nation’s first statewide initiative of its kind—is to help 100,000 Californians without checking or savings accounts open starter accounts at banks and credit unions over the next two years.
Who: Mayor Kevin Johnson
Eloy Villafranca, Director, Bank on California
Eric Stanion, Sr. Vice President, Bank of America
Ben Webster, Chair of the Board of Directors, Community Services
Planning Council
When: Tuesday, January 26, 2010 11 a.m.
Location: Oak Park Community Center
3425 Martin Luther King, Jr.
Sacramento, CA 95817
Visual: Bank on Sacramento banners, balloons,
30-35 members of local community organizations and bank
representatives as background.

Recession Reduces Property Taxes

Recession Reduces Property Taxes

California homeowners will see a decline in their property taxes this year according to the Board of Equalization (BOE). This is the first time such a broad scale reduction in property tax base year values has occurred. The decline is triggered by BOE’s preliminary estimate of a negative inflation factor, or deflation, of 0.237 percent.

The decline in taxes owed will be about $2.60 per $100,000 in assessed value, according to the announcement by Chairwoman Betty Yee. Since the passage of Proposition 13 the inflation factor has never been negative.

The adjustments will be reflected on October 2010 tax bills that are due on December 10, 2010.

More information and additional guides for taxpayers can be found at the California Online Tax Service Center

http://dist06.casen.govoffice.com/intermediate.asp?link=http://www.taxes.ca.gov/

Cal Grant Deadline ins March 2, 2010

Cal Grant Deadline is March 2, 2009

The California Student Aid Commission (CSAC) administers the Cal Grant Entitlement Program, which provides up to $9,700 to qualifying high school seniors to help pay for their higher education.

Cal Grants do not have to be paid back and can be used for tuition, room and board, and books and supplies at any qualifying college, university or career or technical school.

To qualify for the 2010 program students must have submitted a Free Application for Federal Student Aid (FAFSA) by March 2, 2010. CSAC has step-by-step directions and a timeline available on their website.

There are three Cal Grant options. Option 1 is for graduating high school seniors that meet the financial requirement and have a 2.0 grade point average for Cal Grant B or a 3.0 grade point average for Cal Grant A. Option 2 is for California high school graduates that are transferring from a community college to a four-year institution with a 2.4 grade point average. Option 3 is for students that do not qualify for Options 1 or 2, but who still can compete for other Cal Grants. More information is available on the California Student Aid Commission website.

http://dist06.casen.govoffice.com/intermediate.asp?link=http://www.csac.ca.gov/doc.asp?ID=904

Stonewall Democrats Votes to Not Endorse the Strong Mayor Initiative

At the monthly Sacramento Stonewall Democrats meeting membership and allies had the opportunity to hear arguements for and against the "Strong Mayor Initiative".

The forum presented in a moderated debate format with opening remarks from the panelists followed by prepared questions and ended with audience questions.
The moderator was Sacramento State Assistant Professor Jacqueline Irwin.

The panel participants were:
Proponents:
Jeff Dorso, Sacramentans for Accountable Government
Chris Tapio, Charter Reform Committee - Minority Report
Opponents:
Ann Molander, Support Accountability, Voice and Ethics in Sacramento
Alan LoFaso, Charter Reform Committee - Majority Report

The membership voted to publicly not support the "Strong Mayor Initiative".

October 29 Candidate Forum -

This is an invitation to a City Council
District 5 Candidate Forum
Thursday, October 29, 2009 at 6 - 8 p.m.
@ Florin Road Bingo
2350 Florin Road,

Doors open at 5:30 p.m.
Moderated Forum begins at 6pm Promptly

Join in the Dialog!