Energy Smart Colorado is Colorado’s all-encompassing home energy upgrades program. It is sponsored by electric utilities across the state, and is available to renters, homeowners and businesses in Eagle County, Gunnison County, Summit County, Lake County, Roaring Fork Valley and Yampa Valley. Property owners in Boulder County can also participate in the Energy Smart Boulder program, which offers similar benefits. Here’s the complete breakdown of all the different measures that you can take to reduce your energy use and shrink your utility bills through Energy Smart Colorado and Energy Smart Boulder in 2017. Continue reading →
The HERO Loan Program by Renovate America is one of the most popular energy loan options in California. HERO loans offer reasonable interest rates that make it possible to fund energy upgrades like new windows and updated HVAC systems. Homeowners and businesses in hundreds of communities across the state have used HERO loans to make clean energy upgrades to their properties. One of the most popular uses for HERO loans is to reduce energy bills by installing solar panels.
Every solar company has a variation of the same sales pitch, “did you know going solar can save thousands of dollars?” They make it sound so easy, but the truth is, whether solar is a smart long-term investment for you depends on a few major factors. So before you buy into the hype, we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money.
The Investment Tax Credit (ITC) is a generous incentive from the federal government. It was put in place to encourage uptake of solar energy and other renewable energy systems in 2006. It has been tremendously successful in this goal: the number of solar installations in the US has increased 1,600% since the ITC was introduced.
Many EnergySage customers quickly understand the potential benefits of the ITC, but have questions when it comes to the particulars of how it operates. Frequently, we field questions about whether or not they can claim the ITC at all, and when and how it can be applied to their tax bills. Continue reading →
The financial benefits of going solar are now well documented. Solar panel systems actually function as investments with strong rates of return, and homeowners generating solar electricity can avoid paying increased utility rates by eliminating their electricity bills. According to a 2015 report by the Lawrence Berkeley National Laboratory, installing solar panels on your home can even increase your property values. If you’re reviewing multiple quotes, there are plenty of metrics that can help you make a decision about which solar option is best for you, but studies show most solar shoppers rely on one metric in particular: the solar panel payback period or break-even point.
Sunrun is one of the largest solar installation companies in the country and has partnerships with organizations like Comcast, Major League Baseball, and Costco. The company primarily offers solar leases and power purchase agreements (PPAs) to homeowners, although there are also cash purchase and solar loan options. Are you considering a lease or PPA offer from Sunrun? Before you sign on the dotted line, review EnergySage’s guide to evaluating your Sunrun offer.
The takeaway is this: If you are thinking about purchasing a solar system for your home, the study’s conclusions should give you a boost of confidence that you are making a smart investment. LBL finds that homes with solar panels will benefit from a ‘solar premium’ when they are sold because buyers are willing to pay more for a home with solar panels. Continue reading →
In the past, solar was out of reach for most homeowners. Loans were difficult to access, and upfront equipment and installation costs were too high for most people to pay in cash. By bringing the third-party lease to the solar market, SolarCity made solar accessible to the masses and enabled homeowners to go solar with no money down. In October 2014, SolarCity launched its first solar loan option: the MyPower loan product.
Solar power has become increasingly popular in recent years, and Massachusetts is doing its part to contribute to the solar revolution – the Bay State has the number six spot on the Solar Energy Industries Association’s top 10 states for solar power. The major motivator: high electricity prices and some of the best financial incentives for solar in the country. The average Massachusetts homeowner can save tens of thousands of dollars on their electricity bills over the lifetime of their solar energy system.
Who are the top solar companies in the world and in the USA? Industry analysts from IHS, SEIA and Renewable Energy World released their list for the year of 2015, based on updated shipping forecasts from each of the companies included. Continue reading →