From Dean Dowd on August 27, 2010 in Green Remodeling
Home solar power has skyrocketed in recent years. Everybody wants a few panels to cut their utility bills, but high system costs have kept them unfortunately out of reach. Thats where Clarian Power comes in.
An innovative start-up from Seattle, Washington, Clarian Power has been working to bring cost-effective clean energy to homes and small businesses that wouldnt otherwise be able to afford them. How affordable are we talking? As little as $600 to $800 per panel, much lower than the astronomical $20,000 to $30,000 for conventional solar systems.
Costs are kept low because these systems are simply plugged directly into your power outlets. According to Clarian CEO Chad Maglaque, this product has built-in circuit protection and doesnt require a dedicated electrical panel, unlike the micro-inverters that are already on the market. In addition, homeowners can purchase two or three panels and place them wherever they like, instead of being restricted to roof installation.
And if that massive drop in price isnt enough, there are tax rebates to bring the cost down even more. A typical $800 installation would receive a 30% tax credit, which yields an impressive $240 savings. The state of California offers another $2 per watt credit, bringing in yet another $400 dollar credit.
Maglaque estimates that these plug-in solar panels will pay for themselves in a matter of 4 to 5 years. But even a simple $600 setup will save users $50 per year on their energy bills.
The hope is that these products will be on the market in 2011. Something tells me theyll be selling like hotcakes.