While cheaper fuel beckons for the US and Europe, weak oil-producing nations face hardship from the vast transfer of wealth.
Long Islandâs high electric costs have made it an attractive market for solar. About 40 percent of all systems installed in New York are on Long Island, according to the stateâs Energy Research and Development Authority.esearchers found that buyers were willing to pay a premium of $15,000 for a home with the average-size solar photovoltaic system (3.6 kilowatts, or 3,600 watts), compared with a similar home without one. Put another way, that translates to about four additional dollars per watt of solar power.
Increase Property Value. Investing in solar energy will not only save you month-to-month on your electric bill, but it could also increase the property value of your home. A study by the National Bureau of Economic Research found that in California, PV systems added a $20,194 premium to the sales price of homes.ncrease Property Value. Investing in solar energy will not only save you month-to-month on your electric bill, but it could also increase the property value of your home. A study by the National Bureau of Economic Research found that in California, PV systems added a $20,194 premium to the sales price of homes.