In light of the current economic situation, which is characterized by a spike in oil prices and an overall energy crisis, the burgeoning renewable energy/cleantech industry has provided the US with a golden opportunity. Renewable energy and energy efficiency technologies not only have the potential to solve many of our long-term energy problems, but they also come with the promise of lowering our energy costs and creating much-needed jobs.

Leading this transformation are solar, wind, and energy efficiency technologies. In 2007 alone, the solar industry attracted $3.2 billion of new equity from venture capital and private-equity firms. This show of confidence has allowed solar providers to make innovative advances in the production of photovoltaic panels and and lowering the price of going solar for both the residential and commercial market.

The decreasing price of solar coupled with ever-rising utility rates makes solar an attractive long-term solution to our energy crisis. In the next three to seven years, analysts project that the costs of solar energy will be lower than today’s conventional forms of coal and petroleum produced electricity. Equipped with federal and state level rebate and incentive programs, going solar has never been more economical or cost effective.

In the long run, investing in a clean system makes economic sense. Become a proactive leader of the future today with Clean Power Finance.