Tag Archives: Solar Leases and Power Purchase Agreements (PPAs)

About solar lease programs, solar lease companies, solar leases vs. PPAs, solar loans

Is Solar Energy Worth it in New York in 2017?

new york solar energy graphic

There’s no question that New York state is headed in the right direction. Find out why now is such an exciting time for sunshine in the big apple.

Are you considering a solar energy system for your home or business in New York, but want to know more about the costs and benefits before making a decision? In this article we look at the reasons why going solar is a good idea in New York, and also examine the various incentives and financing options that may be available to you if you are a New York resident.

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Key metrics for comparing solar panels: PTC solar, STC rating and temperature coefficient

So you’ve made the decision to go solar. Well done! If designed right, a solar power system is a great, long-term investment with both financial and environmental benefits.

Choosing the right solar panels is one of the most important steps in designing your solar power system. There are hundreds of options, and while all panels are designed for one purpose – to convert sunlight directly into electricity, not all panels are created equal. Different solar cell technologies and the quality of manufacturing can impact the performance of ysolar panel quality and performance energysageour panels. For these reasons, comparing solar panels and finding the right one to meet your specific system needs can sometimes be a complicated task; but, it doesn’t need to be.

In this article we’ll explain important metrics like PTC power rating, STC, degradation rate, efficiency and temperature coefficient.
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Are solar panels really worth it?

is solar worth it?

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.

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What happens if your tax liability is too small to claim the Investment Tax Credit for solar?

investment tax credit

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

What is the power output of a solar panel?

power output of a solar panel

Power output or wattage is an important factor to consider when comparing solar panel options. You may hear your solar installer say, “it’s a 255 Watt panel” or “the panel I am recommending is a 300 wattage.” Or, when you are reading a quote from a solar installer, you might see numbers like 245W, 300W, or 345W next to the name of the panel. They are all referring to a solar panel’s wattage, capacity and power output. So, what is the typical output of solar panels?

This piece will explain how solar panel ratings work so you can better compare your solar options. All solar panels are rated by the amount of DC (direct current) power they produce under standard test conditions. Solar panel power output is expressed in units of watts (W), and represents the panel’s theoretical power production under ideal sunlight and temperature conditions. Most solar panels on the market today have power output ratings ranging from 200 to 350 watts, with higher power ratings generally viewed as being more favorable than lower power ratings. Pricing in solar is typically measured in dollars per watt ($/w), and the wattage of your solar panels plays a significant part in the overall cost of your solar system.

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SolarCity Warranty & Performance Guarantee Explained

SolarCity warranty explained

A solar panel system is a 20- to 30-year investment in your home, and having a strong warranty to support your solar installation is one of the best ways to be confident in your investment. SolarCity, the largest solar leasing company in the country, claims that their coverage “is the best in the industry, with repairs and a production guarantee at no additional cost.” So how does their warranty measure up? Read on for our complete review of SolarCity’s warranty offerings.

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Understanding Your Sunrun Solar Lease, PPA and Solar Contract Agreement

Comparing Sunrun offer EnergySage

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.

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New York State’s Solar Incentives Some of the Best in the Country

 

solar energy incentives in new york state energysage

These days, virtually every state in the USA has some kind of support program for rooftop solar energy systems. But you’re especially fortunate if you’re planning on going solar in New York State: your state has some of the most ambitious solar incentives in the country. Thanks to these incentives, solar has become a very attractive investment in New York. What are New York State’s solar incentives and how can you take advantage of them Continue reading

How to Read Your SolarCity PPA Contract, Lease Agreement or Quote

how to review a solarcity quote for lease or ppa

If you’ve ever thought about installing solar panels on your home, you’ve probably heard of SolarCity. Headquartered in San Mateo, California, SolarCity is the largest solar company in the country, and primarily offers solar leases and power purchase agreements (PPAs) to homeowners. Do you have a SolarCity proposal in hand? Read on for a guide on how to evaluate your SolarCity quote.

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How to Claim New York’s Solar Tax Credit Under Lease or PPA

new york solar tax credit graphic energysage

With endless reasons to go solar in New York, many homeowners are enjoying the luxury that is the New York State Solar Tax Credit and you should too. In this article, we break down everything you need to know about tax incentives in NY.

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.

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