If you pay an electric bill, then you have an electrical load. Understanding how to calculate electrical load helps to explain your monthly electric bill and provides actionable information that can help you reduce how much you spend on electricity each month. And in the age of innovative utility rate structures, such as demand charges and time-of-use rates, and increasing electrification of homes, with air source heat pumps and electric vehicles becoming more popular, knowing how to calculate your electrical load can you help you determine how much you could save from a solar or solar-plus-storage installation on your property.
LG Chem launched their first home battery in North America – the RESU10H – in mid-2017. In a crowded energy storage system market, LG provides an already-recognizable brand with household consumer products. EnergySage conducted a Q&A with LG Chem to better understand how debuting RESU10H aligns within their current lineup of appliances, and to learn what customers can look forward to in 2019. (Interview has been edited for brevity and clarity.)
The growth of the solar industry over the last ten years is in large part thanks to successful public policy and legislation at the federal, state and local levels. To engage with the hot topics in solar policy today, and to help guide the discussion of solar policy in the future, EnergySage joined the Solar Energy Industries Association (SEIA) on Capitol Hill to talk to members of Congress about solar in the US.
Across the country, utilities are beginning to introduce innovative rate structures for residential energy consumers. These rate structures–from time-of-use rates to demand charges to real-time-pricing–all have a common goal: to incentivize customers to consume energy during times when the cost of generating electricity is cheap, and to disincentive energy consumption when the cost of generating electricity is high. As a result, understanding the ins and outs of a time-of-use rate can help you reduce your monthly cost of energy.
Early in 2018, Fortress Power released two energy storage systems in the United States – a 10 kilowatt-hour (kWh) and a 15 kWh model. Their foray into an increasingly packed residential storage system market is with a different type of chemistry – lithium ferrite phosphate – than many other options available on the market. EnergySage sat down for a Q&A with Fortress Power to learn more about the company, why customers should consider energy storage, and how Fortress Power batteries differ from other brands in the market. (Interview has been edited for brevity and clarity.)
In the past few years, utilities across the country — from Indiana to Massachusetts to Arizona — proposed mandatory or voluntary demand charges for residential customers. With the right resources and knowledge, it is definitely possible to reduce your monthly bill on a demand charge rate. But in many situations, including often for people with solar on their roof, demand charges can lead to more expensive bills overall.
There are a number of financial incentives offered to property owners going solar. From rebates to tax incentives and net metering policies, there are many policies that bring down the cost of installing solar panels on your house. One such policy is the feed-in tariff, which, when designed properly, can provide substantial financial benefits to solar customers.
Last week, EnergySage released our seventh Solar Marketplace Intel Report™. Within the report, you’ll find a wealth of data regarding solar pricing trends, the most popular modules and inverters, and the growth in solar interest by state.
It is an exciting time to be in the solar industry. This week marks the solar industry’s largest annual trade event: Solar Power International (SPI). EnergySage sent a team to Anaheim to see the latest and greatest technological advancements in the industry, discuss how federal and state policies impact the cost of solar in your state, and hear predictions from industry insiders for what to expect from solar in the next few years.
Community solar provides access to solar for residential electric customers who otherwise would not be able to install solar panels on their property. To date, though, community solar has not seen the same levels of adoption as residential rooftop solar. We conducted a Q&A with Arcadia Power to learn more about how their new community solar offering helps lower barriers to participation.