snips:
a proposal put forth by Sen. Bernard Sanders, I-VT, that would encourage the installation of 10 million rooftop solar units on homes and businesses over the course of 10 years.
But according to some experts, if 70 percent of the approximately 102 million homes in the United States were equipped with solar panels they could supply 70 percent of peak U.S. energy demands during summer months, according to the Sanders press release announcing the proposed “10 Million Solar Roofs Act of 2008.”
To finance the project, the federal government would offer rebates covering up to half the cost of the systems, which cost about $20,000 each. The average rooftop installation can provide up to one-half the electricity needed to power the typical American home.
Read the bill.
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