The main goal of the "Go Solar in Arizona" Initiative is to create jobs, make solar affordable for homeowners and help protect Arizona families from rising electricity bills.
The "Go Solar in Arizona" Initiative will enable every voter in Arizona to vote "yes" for a personal solar tax credit that will it affordable for Arizona homeowners to begin producing their own free, clean solar electricity, which burns no fuel, produces zero air pollution, wastes zero water, and protects ratepayers from future electricity price rate hikes. It will also create thousands of Arizona jobs.
The "Go Solar in Arizona" Initiative will increase Arizona's Personal Solar Tax Credit from 25% to 50% with a maximum cap of $12,000 per rooftop. This will make it affordablde for an average household to be able to pay for a 5.3-kilowatt system that will save them around $1,000 per year on their electricity bill at today's rates.
To fund 100% of solar tax credit program's cost, tax credit recipients will sign over their Solar Renewable Energy Credits (SRECs) to the state of Arizona, which will sell them to Arizona electric utility companies to meet their Arizona Renewable Energy Standard requirement by 2025.
The initiative will also create an SREC Trading Exchange that will allow the state of Arizona as well as independent solar power producers to buy/sell/export their SREC credits to recoup their investment in solar power.
Based on the growth achieved by the solar industry in 2009 to 2010, the "Go Solar in Arizona" Initiative would help create the demand for more than 1,300 new solar installation companies that will create jobs for approximately 10,000 to 20,000 workers as the solar industry grows.
There is no brighter industry for creating thousands of clerical, construction, sales, marketing and finance jobs in Arizona than the solar industry. If you need a job, the please help us collect signatures, vote yes to solar in 2012 and watch the solar industry grow beginning in 2013.