Category Archives: Cost Benefit

Articles concerning the pricing of solar and the economic benefits of going solar.

solar rebates 101

Solar rebates 101

Reading Time: 4 minutes

There are many different types of solar incentives out there – tax credits, performance-based incentives, and solar renewable energy certificates (SRECs) to name a few. Solar rebates are some of the most common solar incentives, and some of the easiest to understand. While not available in every solar market, those who can take advantage of rebates can significantly lower the upfront cost of going solar. 

In this article, we’ll give an overview of solar rebate incentives, provide sources for finding solar rebates in your area, and discuss how to apply for rebates for which you’re eligible.

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sdge time of use

Which SDG&E rate schedule is best? Understanding peak hours

Reading Time: 6 minutes

Are you a customer of San Diego Gas and Electric (SDG&E)? Whether you currently have solar panels on your roof, are considering solar, or don’t have any plans to generate your own electricity, SDG&E’s time-of-use (TOU) rates will have an impact on your monthly electricity costs. In the past, all SDG&E customers had the option of switching to TOU rates or remaining on their existing rate schedule. However, this began to change in early 2019 when SDG&E began the process of moving all residential customers (with a few exceptions) to a TOU plan. When it comes to choosing the right rate plan for your property, the best option for your home depends on your electricity use habits.

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solar panel cost

How much do solar panels cost in the U.S. in 2020?

Reading Time: 8 minutes

You’ve probably heard about how solar energy can reduce your electricity bills, but what solar panel cost should you expect to see? The easiest way to calculate the average cost of solar panels is to look at its price in dollars per watt ($/W), which is relatively consistent across the United States.

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cost of solar equipment declining over time

How have solar equipment costs declined over time?

Reading Time: 3 minutes

Over the last decade, the costs of solar have decreased from over $8 per Watt in 2009 ($/W) to under $3/W in 2019 on EnergySage, a decline of more than 60 percent in ten years. Over this timeframe, a primary driver of the declining cost of solar in the US has been technological improvements in the actual hardware that’s included in solar energy systems: solar panels and solar inverters.

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solar massachusetts smart

Solar Massachusetts Renewable Target (SMART): Massachusetts’ SREC II replacement program

Reading Time: 5 minutes

Massachusetts has always been one of the best states for solar. Not only does the Bay State have the high electricity rates that lead to a short payback period for your solar investment – it also has a history of having strong solar incentives for property owners looking to own a solar panel system.

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congress extends the solar tax credit itc

Solar tax credit – everything you need to know about the federal ITC for 2020

Reading Time: 4 minutes

Homeowners, solar companies, and industry advocates alike were given a big Christmas gift in 2015 when Congress approved the 2016 federal spending bill and extended the solar panel tax credit. The December 18 bill contained a 5-year solar tax credit extension, which makes solar energy more affordable for all Americans. Wondering how this impacts you? EnergySage has the answers.

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How to find affordable solar panels in 2020

Reading Time: 3 minutes

Installing a solar energy system is becoming increasingly attainable for homeowners across the country as prices continue to drop. Being savvy about where to find the best deals on solar can make your solar installation process pain-free, and lead to maximum savings.

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is solar worth it

Are solar panels really worth it?

Reading Time: 5 minutes

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.

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maryland srecs

SRECs in Maryland: prices, projections, and program status

Reading Time: 3 minutes

If you’re considering installing solar in Maryland, one incentive you should be aware of is solar renewable energy certificates (SRECs). Maryland is one of the few states that offers this performance-based incentive to people generating solar electricity. Property owners in Maryland who buy and install a solar panel system can earn hundreds of dollars each year by selling the SRECs their system generates.

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15 kw solar system

How much does a 15000 watt (15kW) solar system cost?

Reading Time: 3 minutes

If you have high electricity bills, installing a 15-kilowatt (kW) solar energy system on your home can be a great way to significantly reduce your monthly costs. In order to maximize your long-term solar savings, you want to be confident that you’re getting a good price for your solar energy investment. The best way to feel confident about your purchase: compare multiple offers for 15 kW solar systems against the prices that other solar shoppers in your area have been offered. Learn more about the cost of a 15 kW solar system in your area, the amount of electricity you can expect your 15 kW system to produce, and the smartest way to shop for solar in EnergySage’s guide to 15 kW solar panel systems. 

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