Author Archives: Kerry Thoubboron

About Kerry Thoubboron

Kerry is an expert in all things solar! She's worked in the industry for more than 6 years, starting her career as an Energy Advisor dedicated to helping customers compare their options and make well-informed solar decisions. She graduated from Boston University with a degree in Environmental Analysis and Policy. Outside of work, you can find Kerry snowboarding, watching The Office, or having passionate debates about which New England state is best (spoiler: it's Vermont).

NEM 3.0

Net metering 3.0: what does it mean for you and how can you help?

If you look at the best solar markets in the U.S., they all have one thing in common: a strong net metering policy. Net metering–or NEM–allows you to earn credits for any excess solar electricity you send to the grid when your solar panel system generates more than you need. 

Soon, California will release the third iteration of net metering, or NEM 3.0. In February 2022, the state of California decided to delay making a final decision on net metering until further notice. As of November 2022, the California Public Utilities Commission (CPUC) plans to make a final decision on December 15th 2022 and NEM 3.0 could go live as early as April 14th, 2023. We don’t know exactly how credit values will change, or what they’ll change to, but we do know that whatever happens will have large implications for the country’s leading solar market. We’ll continue to keep this article updated with the most recent news on NEM 3.0, and in the meantime, discuss some of the proposed changes to the state’s current net metering policy, along with timelines.

Continue reading
cheapest time of day to use electricity to save money

What are off-peak electricity hours?

It’s becoming increasingly popular for utilities to offer time-of-use (TOU) plans to their residential customers. In a standard electricity plan, you pay the same rate for your electricity regardless of the time of day. However, with TOU plans, the rate you pay for electricity depends on the time energy is drawn from the grid. So, you’ll pay different amounts based on a schedule developed by your utility company of peak hours, off-peak hours, and in some cases, super off-peak or partial-peak hours. We discuss what this means for you and how it impacts your electric bill.

Continue reading
solar shingles on home

Solar shingles: what you need to know

You don’t have to install solar panels on your roof to go solar – solar shingles are an innovative solar technology that can also help you save on your energy bills just like traditional solar panels. In this article, we’ll review the key differences between solar shingles, also called solar roof tiles, and their solar panel counterparts, as well as weigh the pros and cons of a solar shingle installation.

Continue reading
advantages and disadvantages of renewable energy

What are the pros and cons of renewable energy?

Wind power, geothermal energy, solar energy, hydropower, tidal energy, hydrogen, and other renewable technologies are a widely popular source of energy throughout the world today as we move toward a zero-carbon future. Countries, corporations, and individuals are adopting clean energy for a number of great benefits, from reduced air pollution to financial savings. In this article, we’ll dive into some of the advantages and disadvantages of renewable energy.

Continue reading
solar loan re-amortization

Solar loan re-amortization: an overview

Solar loans have become a popular way to finance solar panel installations. While there are various loan options to consider, the majority of solar loan products offer fixed interest rates, monthly payments, and terms. If you’re looking for a solar loan option that allows you to adjust your monthly payment down the line, you may want to consider re-amortization options.

Continue reading
solar loans

Solar loans: what you need to know

Solar panel systems are becoming increasingly affordable, but their $20,498 average cost means that financing is sometimes the best option. If you don’t have–or aren’t willing to spend–the capital for a cash purchase but want to maximize the financial benefits of a solar energy system, the solar loan offers the best of both worlds.

Continue reading
buy or lease solar panels

Purchasing  solar panels- tips for buying or leasing  

Whether you buy a system or lease it, going solar is one of the best ways to save on electricity bills. That said, the financing option you choose influences a number of factors, including  the costs, maintenance responsibilities, terms, savings, and the return on investment (ROI) of your solar panel system. Going solar can be an expensive proposition, with the average installation ranging from $17,538 to $23,458 so financing may be the best option for you instead of paying in cash.

Continue reading