Buying a house is a major investment that comes with many long-term variables to consider, including location, home style, sales price, and monthly utility bills. During the process of applying for a home mortgage, new buyers may also have the opportunity to think about other large home improvement investments that they would like to make once they move in to either increase the value of their home or decrease their monthly homeownership costs. The new solar + home loan from Lowtility is a unique option for home buyers looking to do just that by financing both a house purchase and a solar energy system installation all at once. Continue reading
We at EnergySage are very excited to introduce to you our newest online, educational tool: the EnergySage Buyer’s Guide. Launched earlier this month, the Buyer’s Guide is a first-of-its-kind educational tool for researching and comparing different solar equipment. As a part of the product release announcement, we want to provide an explanation of what the Buyer’s Guide is, describe how you can use it, and offer some ways you might find it useful.
There are two primary ways to reduce your electricity bills: 1) by generating your own electricity with solar energy and 2) by reducing the amount of electricity you use every month. These two methods of reducing bills go hand-in-hand: if you use less electricity every month, then a smaller (and less expensive) solar energy system will be able to meet your needs.
Nationally and internationally, renewable energy technologies, and solar in particular, are taking off. Cities, states and countries are reaching previously unseen levels of renewable energy growth, with some even running exclusively on renewable energy. With this boom comes significant economic investment, which in turn leads to job creation. In fact, two recent studies detailed just how many solar jobs exist: nearly a quarter million in the US alone, and nearly 4.5 million globally.
In today’s current era of renewable energy targets, action is not just limited to political entities such as the federal government, states or individual cities. In fact, many corporations are getting in on the act by promoting corporate sustainability programs or contracting directly with renewable energy developers to build solar and wind farms specifically for their company. As the solar and wind industries continue to grow, corporate renewable procurement and targets will play a substantial role in driving renewable energy to greater and greater heights.
Do you have the next big idea in solar but need money to turn your idea into reality? The US Department of Energy is accepting bids through July 16 for the first stage of the American-Made Solar Prize, which provides $3 million in cash prizes to solar entrepreneurs at different stages of business growth. If you have an idea for how to improve solar manufacturing in the US, now’s the time to apply!
The cost of solar has plummeted in the US over the last five years. With solar prices beginning to drop below $3 per Watt for residential solar shoppers, the industry has hit a very important and impressive milestone. However, the cost of solar in the US remains higher than the cost in other countries, most notably Australia. But just how much less expensive is solar in Australia, and is it possible for the US to slash solar costs even further?
Following the 2018 elections, there has been a flurry of state-level action on climate change and clean energy to begin the new year. Outside of proposals at the federal level for a Green New Deal, many states are proposing and passing a suite of climate-related legislation, from emission reduction goals to clean energy procurement targets. Perhaps the most common policy instrument for growing clean energy at the state level is the renewable portfolio standard (RPS).
There are myriad benefits to solar energy. From reducing or eliminating your electric bills to increasing your property value, and from creating local jobs to protecting the environment, there are plenty of reasons to go solar. Another, lesser known benefit of installing panels on your property is that solar helps the entire electrical grid.
As solar batteries become more and more popular, individual utilities are beginning to offer rebate and incentive programs to make the economics of adding storage to your solar panel system more favorable. Given that solar batteries are a new product, utilities have begun experimenting with new program designs specific to solar batteries. One of the newest, increasingly common program types is a bring your own battery, or bring your own device, program.