So you know you want to finance your solar panel system, but one big question remains: should you lease your system from a company, or own your system and finance it with a solar loan? The answer here depends on a few factors, including your preferences, needs, and financial goals.Continue reading
Tag Archives: financial benefits of solar
Community solar pricing models: what you need to know
As you consider joining a community solar project, it’s important to understand how and when it will deliver value to you. This article breaks down the two main types of pricing models – ownership and subscription – in order to help you more accurately compare and decide between various offers.Continue reading
How do SRECs work? State by state solar renewable energy credits explained
Of all the incentives for installing solar panel systems, solar renewable energy certificates (SRECs) are some of the most potent, yet least-understood. You may have heard enigmatic terms like “SREC markets,” “solar renewable portfolio standards,” and “minimum compliance payments” thrown around in discussions about SRECS, but sifting through of all this jargon can be downright mind-numbing. However, SRECs can provide sizable streams of money to owners of solar power systems, so learning about what SRECs are, where they are available, and how they can make solar more financially-rewarding can, quite literally, pay off in a big way. In this article, we aim to answer the simple question: “how do SRECs work?”
Key metrics for comparing solar panels: PTC solar, STC rating and temperature coefficient
So you’ve made the decision to go solar. Well done! If designed right, a solar power system is a great, long-term investment with both financial and environmental benefits.
Choosing the right solar panels is one of the most important steps in designing your solar power system. There are hundreds of options, and while all panels are designed for one purpose – to convert sunlight directly into electricity, not all panels are created equal. Different solar cell technologies and the quality of manufacturing can impact the performance of your panels. For these reasons, comparing solar panels and finding the right one to meet your specific system needs can sometimes be a complicated task; but, it doesn’t need to be.
In this article we’ll explain important metrics like PTC power rating, STC, degradation rate, efficiency and temperature coefficient.