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.
Solar Energy Savings. The average household today pays nearly $170 each month in home energy costs. Some estimates have energy costs pegged. at almost $200 per month, a cost of $2,400 for the entire year.Itâs important to look at the long term picture when evaluating the amount of savings the addition of a solar panel. system to oneâs home will bring.With energy expenses rising each year of due to rising utility rates itâs easy to see.t almost $200 per month, a cost of $2,400 for the entire year. Itâs important to look at the long term picture when evaluating the amount of savings the addition of a solar panel. system to oneâs home will bring. With energy expenses rising each year of due to rising utility rates itâs easy to see.