If you regularly shop at Costco, you may have spotted a kiosk for home solar installations in the store, or even spoken to a store representative about installing solar panels. Costco has a partnership with Sunrun, one of the largest residential solar companies in the country, to offer their members special benefits when they go solar. Here are the details of Costco’s partnership with Sunrun.
Solar energy renewable certificates (SRECs) are some of the most attractive solar incentives available in the United States. Many states with renewable portfolio standards (RPS) have special “solar carve outs” that require a certain amount of energy production to come from solar. These states use SRECs as a way to promote solar installations and compensate system owners for the energy their panels generate.
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 tax bill that Congress passed at the end of 2017 is now officially in effect, and there are changes that impact many industries across the country. Early versions of the bill contained provisions that had the potential to harm renewable energy industries. Luckily, the financial incentives that reduce the cost of installing solar are intact. Below are some of our top takeaways from the recent tax bill.
This past spring, Tesla announced pricing for their new solar roof product, a roof replacement for your home. And as of January 2018, Tesla has announced they are now producing the roof product at their Buffalo Gigafactory. Installations have begun for the top of their wait list though mass market availability still remains unclear.
The new solution requires that you replace your existing roof with Tesla’s blend of non-solar glass tiles and solar-enabled glass tiles. It is an elegant new product, designed with great aesthetics, and due to its immense popularity, we wanted to explore the question: does installing this new roof make financial sense for your home? After initial analysis, we’ve found that for the majority of homeowners the answer is “not yet.” Unless you’re in the market for a roof replacement, Tesla’s new solar roof is simply too expensive for the average American homeowner to justify as a home energy upgrade.
With strong government incentives and falling equipment costs, going solar has never made more financial sense on such a broad scale. Testament to this is the tremendous increase of the number of American homes & businesses with solar panels on their roofs in recent years. But at the same time, not everyone has a roof of their own, and even those who do might have one that is shaded or otherwise unsuitable for solar. Community-owned solar projects – sometimes called community solar gardens, or shared solar farms – promise a way for the roofless and ‘roof-impaired’ to go solar. Continue reading →
The best states to go solar aren’t always the sunniest; those who benefit the most from installing a solar PV system for their home spend a lot in electricity, and live in a state with good solar incentives.
Illinois may not have the year-round sunshine of of the Southwest, but it does have a great solar market because of the available financial incentives. In addition to the 30 percent federal solar tax credit for solar system owners, Illinois residents can receive additional financial benefits through the state’s solar renewable energy certificate (SREC) market.
Determining the size of your solar energy system starts with a simple question: how many solar panels do I need for my home? As most people want to produce enough energy to completely eliminate their electricity bill, the first step is determining what size solar system will produce enough power to meet your household consumption levels. Ultimately, you will be calculating how many kilowatt hours of power you will need and finding the correct system size and number of panels to power your house. Continue reading →
Home energy storage is a relatively new technology that’s steadily gained interest over the past few years, and it’s hard to know where to start when comparing all your options. Top solar batteries like those made by Tesla and Sonnen make it possible for homeowners and businesses to store their excess solar energy instead of sending it back to the grid, so that when the power goes out or electricity rates spike they can keep the lights on. If you want to install a solar battery at your home, you have a few different choices currently available to you. Compare the Tesla Powerwall vs. Sonnen eco vs. LG Chem vs. Aquion Aspen in terms of capacity, warranty, and price.