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.
BUFFALO, N.Y. (WIVB) â SolarCityâs investment of $5 billion in Buffalo and creation of thousands of jobs raises the question of how much it costs the average homeowner in western New York to install a set of solar panels at home.he solar package includes a new electric meter, installed by the electric utility, that registers credits for the homeowner, when the solar panels produce more power than is needed, and it deducts credits when the electric usage exceeds the electricity being produced by the panels.