Solar adoption is skyrocketing in the United States. Partly responsible for this surging uptake is one of the oldest industry drivers: word of mouth marketing. The SolarCity Ambassador Program, EnergySage Rewards Program, and others are a big part of this growth. Continue reading
New York State’s Solar Equipment Tax Credit is one of a suite of generous tax incentives and rebates for solar panels available in New York State. It is an incredibly generous and flexible incentive, saving you up to $5,000, depending on how much you spend on solar. How and when can you claim the credit if you go solar under a solar lease or power purchase agreement (PPA)? Learn more in this article about solar energy in New York and the tax incentives you can take advantage of.
People say all the time that they want to get off the grid. Beyond just meaning getting away from it all for a while, getting of the grid has a specific technical meaning with regards to your relationship to your utility and how you get your power. So, what exactly does it mean to go off the grid? Continue reading
Going solar saves you money on your monthly electrical bill. The amount of your savings varies by size and location of the system. But how does it work financially and administratively with your utility? Currently, two types of policy are widely used: the Value of Solar Tariff and Net Metering. The decision of which one to use can be controversial. Continue reading
The price of solar energy systems continues to drop across the country and perhaps nowhere as dramatically as Austin, Texas. According to the Solar Energy Industries Association, 2015 was “the biggest year yet in solar history“! While prices continue to decline across the country, generous incentives still exist for those who purchase a system today. One of the largest is the Solar Investment Tax Credit (ITC). The ITC offers those who install a residential solar system a 30 percent tax credit, and was recently extended by Congress. Additionally, states have their own set of incentives. Qualifying residents of Austin, Texas can apply the Austin Energy Rebate to the cost of installing a system, and then benefit from monthly saving with the Value of Solar Tariff.
Another impressive week in the solar industry has come and gone, and things look a little brighter this Friday. Massachusetts’ major net metering decision, a solar plant capable of dynamic energy storage and unprecedented growth by renewables that is overtaking fossil fuels are the three key headlines from this week’s solar energy news report.
10kW solar systems are among the most popular solar energy system sizes in the country, producing enough electricity to power a home with slightly above-average electricity consumption. How much does a 10kW solar system cost? How much electricity will a 10kW solar system produce? How do you know you’re getting the best deal on a system? These are some of the key questions we will answer in this article.
How Much Does a 10kW Solar System Cost?
As of January 2017, the average cost of solar in the U.S. is $3.26 per watt ($32,600 for a 10 kilowatt system). That means that the total cost for a 10kW solar system would be $22,820 after the 30% Federal ITC discount (not factoring in any additional state rebates or incentives).
There are a number of generous incentives for solar power in New York State, and NY’s Solar Equipment Tax Credit is one of them. The Solar Tax Credit plays a major role in making solar energy installation in New York state a bright idea. But who qualifies to claim it and how much is it? Continue reading
If you’ve been shopping around for a solar panel system, you’ve probably heard at least one company advertise ‘free solar panels’ – that they will install a solar system on your roof for free. But, much as with anything, remember that there is no such thing as a free lunch (or a free solar panel).
Decoding the sales pitch: The term ‘free solar panels’ is sometimes used to advertise solar lease or solar power purchase agreements (PPAs). Under both types of arrangements, a company will put solar panels on your roof for no money up-front, but will charge you for the electricity that they produce. Most offers will save you money but not all of them, so make sure you’ve thoroughly compared all your options. Also consider buying the solar panels or financing them with a zero-down solar loan.