If you’re a business owner, the concept of “solar panels for businesses” might seem like a risky move in a complex and confusing market. You may have heard about major Fortune 500 companies going solar, but thought that it might not be feasible for your organization. Maybe you’re considering installing solar panels at some point in the distant future, when your organization can afford to make a major investment in something that seems like an environmental “good” rather than a strategic financial decision.
Solar loans are bridging the gap between purchasing your solar panel system with cash and using a lease or PPA. Like a purchase, a solar loan allows you to own your system and reap the many financial benefits tied to ownership. Like a lease or PPA, it will allow you to go solar with no money down. Today, a host of banks, credit unions and specialty finance companies have emerged presenting a wide range of solar loans. Continue reading →
Now that you know more about SRECs, you’re aware of the significant benefits they can provide. So, right about now, you may be thinking, if a normal size system generates hundreds of dollars a year from SRECS, why not install a much bigger system that could increase that number by a multiple of 10? It seems like the perfect plan. Continue reading →
Although many commentators, bloggers, and armchair pundits argue that solar power is only cost-effective in sunny locations, the fact is that just isn’t true. While the argument that more sun means more electricity means more savings may seem tenable at first, it isn’t consistent with what’s happening in today’s solar market. New Jersey certainly isn’t mounting a strong challenge to become the new “Sunshine State,” and yet, it’s installed more solar than any other state in the U.S. On the global stage, high-latitude Germany is the clear leader in solar installations. An endless summer is no longer a requirement for solar power success. Continue reading →
When shopping for solar photovoltaic (also known as solar panel, solar electric) systems, many businesses and homeowners focus mainly on price. To that end, dollars per watt is a key metric when comparing quotes because it allows the consumer to adjust for differences in system size. While price is certainly an important factor, maximizing the value of your investment both financially and environmentally, involves consideration of several other, equally important factors. Here are some that we think are vital to making the right decision about your solar panel system. Continue reading →
10:30 AM – the doorbell rings on Martin Luther King day. It’s 12 degrees out and the guy at the door – in blue coveralls with the NStar logo – is from the electric utility company. Carmine – that’s his name – is here to install two “net-meters” to prep for our upcoming Photovoltaic installation. He explains that normal electric meters go only one direction, but net-meters go forwards and backwards as well. Continue reading →
I’m located in Massachusetts and I thought my recent experiences looking into solar PV for my house might be helpful for folks.
First off, I should say that I’m pretty lucky to have an unobstructed south-facing roof. I’ve been thinking about solar for a while, and watching prices go down, so a couple of months ago I started asking people who had installed solar PV panels if they could recommend companies. I found two through word of mouth and then I found three more via EnergySage.com.
Most people who are sold on the financial, environmental, and community benefits of clean energy systems such as solar photovoltaics, small wind and geothermal, may still find the upfront cost to be a stumbling block. Before you become discouraged, make sure that you’ve done the math. There are many rebates and incentives available, that can significantly reduce the cost of your system, anywhere from 30%-50%. If you still feel that that you can’t afford the upfront investment, you still have options. Rather than buying a clean energy system outright, you may be able to A) borrow the money you need to purchase your system or B) you could lease the system with no upfront cost to you. Both options ensure that you can still save a significant amount on your energy bills.