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Solar Swimming Pool Heating Needs No Federal Bailout

So when Congress specifically excluded solar swimming pool heating from the recently extended 30% tax credit in its massive bailout bill, they did so because solar swimming pool heating is already cost-effective and doesn't need a federal bailout.
by Staff Writers
Lakewood NJ (SPX) Jan 28, 2009
Unlike the solar-electric PV industry, which desperately needed and received a 30% federal tax bailout to survive, solar swimming pool heating has always been the most cost-effective and environmentally friendly use of solar technology.

Due to its design, a solar swimming pool heater directly transfers solar energy to heat the pool water. As a result, it is 10 times as cost-effective and CO2 reducing per dollar of investment as compared to a solar electric PV system.

In fact, a solar swimming pool heating system, which can last for 20 years, can pay for itself from the savings in gas or electricity in as little as 3 years, while providing free heat from the sun to warm your pool.

So when Congress specifically excluded solar swimming pool heating from the recently extended 30% tax credit in its massive bailout bill, they did so because solar swimming pool heating is already cost-effective and doesn't need a federal bailout.

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First Solar Applauds International Renewable Energy Initiative
Tempe AZ (SPX) Jan 28, 2009
First Solar has applauded the creation of the new International Renewable Energy Agency (IRENA) as an important step in promoting investments in renewable energies worldwide.







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