» Fox News-Business Ramps Up to Make Solar Panels

Business Ramps Up to Make Solar Panels

March 31, 2009

LAKE MARY, Fla. - Advanced Solar Photonics will soon be the only place in the Sunshine State to make panels to capture energy from the sun. Solar power is becoming more popular on homes and businesses, but installers have to get the high-tech panels from outside Florida.

The company hopes to start making the panels by June and plans to add hundreds of jobs. President Barack Obama promised billions in funding to great new green jobs and make alternative energy sources more available. Advanced Solar Photonics hopes to cash in on some of those federal dollars.

The company is also working to get legislation passed to make it cheaper for homeowners to switch to solar power by paying them a premium for power they make, but don't use and sell back to power companies. The cost to install solar panels onto your house can cost anywhere from $20,000 to $50,000, depending on the size of the house and system used.

Source: http://www.myfoxorlando.com/dpp/mornings/033109solar_panels