Expects to Break Even in 8 Years

Alexandria, VA (November 18, 2010) – A federal tax credit saved a Virginia man nearly $24,000 on a solar electric and hot water installation on his Alexandria home.

For Steven “Boots” Barnes, the cost of installing a home solar power system in Virginia is not only offset by federal tax credits, but also generates a steady revenue stream with solar renewable energy credits (SREC’s). Add those savings to significant utility-bill savings and the result is a return on investment of less than eight years.

Barnes is so pleased with his investment that he has become a solar advocate, encouraging his neighbors to do the same.

“It has been outstanding for us,” Barnes said. “It is the future for our kids. We are always willing to show neighbors and discuss the particulars. The installation was very painless with no maintenance. We chose to go with a national solar integrator, groSolar, who was outstanding. We’re fortunate we chose groSolar out of the two companies we considered.”

groSolar isn’t a traditional solar installation company. It is a nationwide solar distributor that shops the global market for the best value and highest quality products available. Every component installed from the wiring to the solar panels is hand-picked by groSolar CEO Jeff Wolfe.

“I travel frequently to visit solar manufacturing facilities – in Europe, US, and Asia,” said Wolfe. “When I visit a factory I look at how the components are manufactured and how companies manage their overall business to ensure groSolar brings reliable systems, with warranties backed by strong companies, to the US market.”

While there has never been a better time financially to install a solar power system on your home, Barnes installed solar for reasons beyond saving money.

“I promote the use of solar constantly and I do get many people stopping by to ask questions. The tax breaks and credits make solar a very sound financial investment, but more of my interest is more in having solar on every house, so our kids have a bright future,” said Barnes.

About groSolar
groSolar is North America’s premier distributor, installer and integrator of solar energy solutions for residential and commercial installations. Founded in 1998, groSolar is the largest 100 percent U.S.-owned distribution company in the solar industry and is a leading national installation company. The company has offices and warehouses across the US, distributing solar electric and solar hot water systems from offices in VT, NJ, NY, CT, MA, MD, PA, NC, and CA. groSolar integrates components from leading solar manufacturers including Solar World, Astrongery, Canadian Solar, Yingli, SMA, Enphase, Fronius, PV Powered, Zep Solar, QuickMount PV, UniRac and others into simple solar energy solutions for customers that generate clean, reliable energy for decades. groSolar is a mission-driven company dedicated to providing high quality solar energy solutions and whole energy appreciation. groSolar’s venture capital investors include NGP Energy Technology Partners, SJF Ventures, and Calvert Social Investment Fund. Learn more at groSolar.com or call 800.374.4494.

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