Tag Archives: Incentives

form 5695 instructions solar tax credit

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

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If you’re considering solar, you’ve probably heard about the federal solar tax credit, also known as the Investment Tax Credit (ITC). The Federal 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.

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solar panels for home

Residential solar panels: what to know about home solar electricity in 2020

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The past decade has engendered the era of solar panels for home use. Homes and businesses across the country are transitioning away from a fossil-fueled electricity grid towards a clean energy economy, necessitated by emissions reduction targets in a time of global climate change. Amidst this period of energy reform, solar panel systems for houses are taking off at a remarkable rate. It’s time to give residential solar the credit it deserves. Learn everything there is to know about the booming residential solar industry in our list of home solar FAQs.

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solar batteries

Bring your own battery programs: what you need to know in 2020

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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.

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new jersey trec program

NJ TRECs: the Garden State’s transition solar incentive

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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 is implementing an intermediate transition solar incentive, known as TRECs.

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Solar Cost Terminology: Cost Per Watt, $/W and LCOE

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What should you look at to determine if you’re getting a good deal on solar? There are lots of things to pay attention to when deciding on a solar energy system; but two of the most useful metrics for evaluating the cost and value of a solar power offer are price per watt, measured in dollars per watt of energy ($/W), and ‘levelized cost of energy’ (LCOE).

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Alternative Energy Certificates (AECs): a Massachusetts thermal energy incentive

Reading Time: 4 minutesMassachusetts homeowners experience some of the highest energy bills throughout the country; cold winters and humid summers lead to expensive heating and air conditioning costs. This has many Bay Staters looking towards clean heating technologies – such as solar hot water systems or air source heat pumps – as a way to curb these costs.

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new york state solar tax credit energysage

Is solar energy worth it in New York in 2019?

Reading Time: 4 minutesAre you considering a solar energy system for your home or business in New York, but want to know more about the costs and benefits before making a decision? In this article we look at the reasons why going solar is a good idea in New York, and also examine the various incentives and financing options that may be available to you if you are a New York resident.

Looking for quality solar installers in your area? See our updated ranking for the best solar companies in the state of New York

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best cities for solar

Best solar incentives: the top 5 cities for solar

Reading Time: 3 minutesThe benefits of owning a solar energy system significantly increase when you take advantage of available rebates, tax credits and incentives. This is because these incentives will reduce your upfront installation costs, and as a result accelerate your payback period – paying less up front means breaking even more quickly. These programs can reduce the upfront costs of your system by 30 to 50 percent, but vary state-by-state as well as city-by-city. Read on to see if your city is one of the top 5 cities that incentivize solar!

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Top 5 Reasons Why Solar Panels Are Worth It in Massachusetts

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Solar panels popular in Massachusetts graphic

Massachusetts is considered a leading solar state. Find out why solar is so popular

Despite the state’s reputation for its cold, snowy winters, going solar is in fact a great way for Massachusetts residents to save money on their power bills. In this article we take a look at why solar panels are such a great investment for your home or business in Massachusetts.

Why are solar panels so popular in Massachusetts?

2015 was a big year for residential solar power for the USA. Massachusetts is going to be one of the states that leads the way as more and more Massachusetts homeowners and businesses discover the benefits of rooftop solar panels in MA. Once a state filled with underserved renewable demand, Massachusetts is starting to heat up as a leading solar state, according to various data reports.  Continue reading