The
Sacramento municipal utility district offers millions of dollars in
incentives for the installation of solar power systems. Because of these
incentives, many commercial companies are willing to pay the upfront
cost of installing solar power generators and then leasing them back
to the city, business, or home for a decreased cost.
An example of how governments and companies can work together to solve
environmental concerns is happening in Sacramento. Macy’s, one
of the largest department stores in the world is getting solar panels
installed on many of their stores at no upfront cost. The panels are
financed by a company in San Francisco that will sell the power back
to Macy’s, and the system is installed by a company in San Jose.
Because the state helps to defray the cost of solar power in Sacramento
more companies are investing in the most renewable source of energy,
sunlight. The efficiency of panels is still a limiting factor, but as
more demand for solar panels arises, the solar industry is ready to
meet that demand, which is expected to increase exponentially.