For Cynthia Cantero, putting solar panels atop her Oahu, Hawaii, home seemed like a no-brainer. In a state where most electricity is generated by burning pricey imported oil and where electricity rates are three times the U.S. average, she considered making her own power a godsend. The 54-year-old cancer patient and mother of five researched and shopped for months to put together her solar deal: She and her husband would secure a home equity loan to pay off mounting medical bills, buy a badly needed new family car, and install a solar array large enough for all of their electricity needs. Their loan payments would be less than the familys current $500-plus monthly electric bill, and once they paid off thenote, their home would be powered practically for free. Math like that has made Hawaii one of the nations solar leaders, with a higher proportion of solar-powered households than any other state--including 1 in 10 homes on its most populous island, Oahu.
Posted on: Wed, 09 Jul 2014 00:47:50 +0000
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