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Showing posts from August 21, 2022
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  Distribution of Power                                                                             #236 By Hank Silverberg There's a strong probability that many of you have been approached over the last year or two by a company trying to sell you solar panels for your roof. Solar power produces about 3% of all the electricity in the United States, and the industry is growing. Large solar panel farms are cropping up on fields across the country, and almost every neighborhood now has some rooftops with solar panels on them. The $700 billion Inflation Reduction Act, which the President Biden just signed, includes a 30% tax credit for homeowners who install solar panels to provide electricity for their own homes. The companies selling these panel installations have a good pitch.  You will produce your own electricity and never have to pay an electric bill again. And once you pay off the loan that you will need to pay for the panels, you will save some big bucks while contributing to

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