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Many point to alternative energy sources as a way to combat rising energy prices. While this will help get us half way there, it won’t solve the problem quickly. To find the solution to the American energy crisis, we need to borrow a page from one of our Founding Father and the creator of what is considered today the Republican Party. Yes, you read that right, Republicans to the rescue. Alexander Hamilton was a strong believer in a Federal government that supported, protected, and aided budding industries.

The budding industry is not so much alternative energy but alternative energy consumption. Given the option, few Americans are going to care where our energy comes from. However, what if the energy was completely free? I’m betting that free energy would capture the attention of just about everyone. What our federal government should do if provide funding to the tune of $500 billion dollars to place solar energy panels or wind turbines that feed back into the local power grid on any property that requests it in the southern 1/3 of the United States. The installation and materials are completely free. The only trade off is that excess energy put onto the grid will not result in a rebate from your local energy supplier.

Here’s how it would breakdown… One of the major barriers for most homeowners when it comes to installing a solar system is the cost of the installation. The materials are expensive. However, the cost of the materials would drop considerably due to the economies of scale of such a large expansion of solar energy and wind energy equipment. Plus, the government would have strict rules on pricing of service since they are footing the bill for the entire project. The immediate impact is a considerable increase in employment for solar and wind power installers and manufacturers who make solar and wind power equipment. Then there is the ripple effect.

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