Tag Archives: Incentives

best solar incentives

What are the best solar incentives?

The solar industry in the United States is big, and only getting bigger. In the last ten years, solar system installations increased by 20,000 percent! It’s very likely that you know someone (or multiple people) who have installed solar, or are considering it. You might find yourself wondering – how can everyone afford to go solar? That’s a great question, and cost is a major consideration for most people when they’re making a big investment in something like solar.

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community solar incentives

The best community solar incentives

Are you itching to jump into the ever-expanding solar market, but unable to do so because you don’t own your home? Or maybe you’ve been told that rooftop solar is just completely out of the question for your home? Well, you’re in luck because there is still a way for you to start benefiting from solar energy: through community solar. While you won’t save quite as much as with rooftop solar, there are still many reasons to sign up for community solar – and savings is just one of them! In this article, we’ll look at some of the incentives available to community solar subscribers.

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residential solar panels

A guide to solar panels for home

Over the past decade, home rooftop solar use has exploded around the country as home solar becomes a very popular investment. Homes and businesses across the country are transitioning away from a fossil-fueled electricity grid towards a clean energy economy, driven by a need to reduce emissions in a time of global climate change. Amidst this period of energy reform, rooftop solar panel systems for houses are taking off at a remarkable rate. It’s time to give residential solar the credit it deserves.

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Mass Save Heat Pump rebate

Complete guide to understanding Mass Save heat pump rebates

If you live in Massachusetts, there are financial incentives to help you heat and cool your home more efficiently with air source heat pumps. Mass Save Sponsors help Massachusetts residents save money through energy efficiency and have rebates to help you save money on installing heat pumps. Check out this complete guide to learn all about the air source heat pump rebates available, how to claim your heat pump rebates, and common questions about how the Mass Save rebate program works.

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Florida NEM bill

What’s happening with net metering in Florida? Breaking down House Bill 741

Colloquially referred to as the “Sunshine State,” Florida doesn’t disappoint: on average, about two-thirds of Florida days are sunny! Florida has risen to the top of solar states with its ample sunshine, coming in at third in the Solar Energy Industries Association (SEIA)’s list of top 10 states with cumulative solar electric capacity installed through 2021. 

However, the Florida House and Senate just passed House Bill (HB) 741, which has the potential to damage Florida’s solar industry significantly. In this article, we’ll explain what you need to know about HB 741 and what it could mean for you if you’re a Florida resident.

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most popular evs

Most popular EVs of 2022

According to Kelley Blue Book, electric vehicle (EV) sales are growing at historic levels: they’ve jumped 72 percent year-over-year to a record 147,799 EVs sold in Q4 2021. With more EVs hitting the market, it might be even harder to decide which one’s right for you! We cover some of the best-selling EVs, what’s coming in 2022, and other factors to consider when going electric.

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form 5695 instructions solar tax credit

How do I claim the solar tax credit (ITC)? Form 5695 instructions

If you’re considering solar, you’ve probably heard about the federal solar tax credit, also known as the federal Investment Tax Credit (ITC). If you have a solar system on your property, you’ve probably heard about the federal solar tax credit, also known as the federal Investment Tax Credit (ITC). The ITC makes solar more affordable for homeowners and businesses by granting a dollar-for-dollar tax deduction equal to 26% of the total cost of a solar energy system. There’s plenty of information out there about the value of the ITC, but figuring out how to actually claim the credit when it comes time to file your taxes is another story. In this article, we’ll walk you through the instructions step by step from figuring out if you’re eligible to completing Form 5695 to adding it to Schedule 3 and Form 1040.

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NJ SuSI

New Jersey’s new solar incentive program: SuSI

New Jersey is no stranger to solar incentives, thanks in part to having one of the most ambitious renewable portfolio standards (RPS) in the country. The clean energy targets laid out here–and more specifically, the solar carve-out portion–prompted the state to implement one of the country’s most successful solar renewable energy certificate (SREC) programs as early as 2004. 

But the incentive landscape has been shifting in New Jersey, and change is finally here; beginning in late August, the Garden State will launch its new Successor Solar Incentive (SuSI) program. Below, we’ll give an overview of the new incentive program, and discuss what it means for New Jerseyans going solar.

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new jersey trec program

NJ TRECs: the Garden State’s transition solar incentive

New Jersey has always been one of the best states for solar: higher-than-average electricity rates and strong solar incentives have helped thousands of New Jerseyans achieve quick payback periods on their solar investments. Above all, the state’s renewable portfolio standard and associated solar renewable energy certificate (SREC) market have been instrumental towards growing solar throughout the state. However, in June 2018, the state decided to phase out SRECs in favor of a new, yet-to-be-established successor solar program. In an effort to bridge the gap between SRECs and the next phase of solar incentives, the Garden State decided to implement an intermediate transition solar incentive, known as TRECs.

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