Rich Hessler Solar now offers a free live webinar giving home and business owners the inside scoop on buying a photovoltaic solar panel system. Right now, the federal, state, and local government have rebates that can reduce the price of a system by 50%. This means that with the energy rates of today, you can have the system paid off with savings in 8-10 years.

If the increase in electricity rates is accounted into the equation, the system could pay itself off much faster. There is no doubt that the price of electricity is increasing. It is only going to get worse with government mandates. Utility companies are required to provide 20% of electricity from renewable sources by 2020. If the utility companies cannot meet this goal, they will be force to buy renewable energy certificates. These certificates can be sold by anyone producing renewable electricity. The price of these certificates will increase if demand increases, which will happen if utility companies cannot meet the 20% federal mandate.