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Governor Arnold signed a 2.9 billion dollar solar initiative today. Under the new law, home builders will have to offer solar power as an option to buyers starting in 2011. Developers do get tax credit in return. People who put solar panels on their homes and businesses also will be allowed to sell excess power back to their power companies (up to 2.5% of what’s generated). Currently, the cap is at 0.5 percent.

Written by Keith Byrd - Go to Keith's Website/Profile