Although the title of
this article sounds a bit doom and gloom it really isn't. Capital today is flowing towards utility-scale renewable energy projects. This is a good thing. I'd rather have more renewable fuels in my utility's portfolio than fossil fuels. However, as the article states there are other options besides the traditional owner-financed solar photovoltaic (PV) array on a residential rooftop. The market for leasing solar panels is growing fast. This is an attractive option for those homeowners who can't afford the upfront capital costs for PV modules, inverter, and the labor to install it. However, for those that like to buy rather than lease, the cost of PV is dropping each year. PV will be competitive with traditional fossil fuels soon.
The last thing I'd like to mention, which always seems to get overlooked in renewable energy discussions and articles is something less sexy, but is the best bang for your buck -
energy efficiency. Making a residential or commercial building use the least amount of energy possible is where the smart money is. A quicker return on investment (ROI) can be realized by completing energy efficiency projects such as caulking, insulation, low-flow shower heads, Energy Star appliances, efficient HVAC systems, and the cheapest of measures - behavioral change (turning off lights when leaving the room or taking shorter showers). Once the building is enhanced to use the least amount of energy possible, there is a really good chance that you won't need as many solar PV modules on your roof and therefore won't need to finance as much. Energy efficiency is low-hanging fruit.