Tag Archives: Incentives

DC SREC Program

SRECs in D.C.: prices, projections, and program status

If you’re considering installing solar in Washington D.C., the most important solar incentive to be aware of are solar renewable energy certificates (SRECs). D.C. is one of the few governments that offers this performance-based incentive to people generating solar electricity. Even better, the District’s program is the most lucrative one in the country: when you buy and install a solar panel system in D.C., you can earn thousands of dollars each year just from selling the certificates your system generates.

This article describes how the District’s SREC program works, explores current prices for SRECs, and discusses the future of the SREC program so that you can make a well-informed decision about going solar.

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solar batteries

Bring your own battery programs: what you need to know in 2021

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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What is MACRS? All you need to know for your commercial solar installation

If you’re a homeowner looking to go solar, the incentives you have available to you are pretty straightforward: from net metering to the federal investment tax credit, and to any local utility or government rebates and incentives. Between the incentives and the declining cost of solar, the average homeowner on EnergySage sees a payback period for solar of eight years. Easy! 

If, on the other hand, you’re a business owner considering solar, there are additional tax incentives that help decrease the time it takes for your solar investment to payoff. The most widely-known of them is the Modified Accelerated Cost Recovery System, also known as MACRS.

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itc savings 2020 vs. 2021

Federal ITC savings: 2020 vs. 2021

One question we field a lot at EnergySage is whether it’s the right time to install solar panels. For anyone asking that question in 2020, the answer is often as soon as possible: given the looming step down and expiration of the federal investment tax credit (ITC), solar shoppers who wait until 2021 or later to move forward will be missing out on major tax savings – but just how much?

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connecticut battery incentives

Connecticut solar battery incentives

If you’re a homeowner in CT, you’re probably very familiar with the state’s harsh winters: frequent nor’easters have many people across New England looking for ways to keep their homes up and running during powerful storms. Fortunately, solar batteries can do just that: thanks to declining costs, federal tax credits, and–for customers of Eversource–utility incentives, solar batteries are more affordable than ever before. Here’s a quick summary of the battery incentives currently available in Connecticut:

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New Hampshire solar battery incentives

Are you considering installing a solar battery in the Granite State? Fortunately, there are a few financial incentives available to help you save on costs, especially if you’re a customer of Eversource or Liberty Utilities. Full disclosure: these incentives…rock (we know, cheesy NH joke…just couldn’t help ourselves.)

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new york battery incentives

Solar battery incentives in New York

If you’re a New Yorker considering your solar battery options, you’re not alone: energy storage has become an increasingly popular purchase for homeowners interested in keeping their homes running during a grid outage. Fortunately, due to declining costs, federal tax credits, and–for Long Island homeowners–state incentives, solar batteries are more affordable than ever before. Here’s a quick rundown of the battery incentives currently available in New York:

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solar battery incentives in vermont

Solar battery incentives in Vermont

Vermont is well known for all of its seasons, but especially for its harsh winter storms (trust me, I grew up there). Historically, many Vermonters have relied on diesel-powered generators to keep their homes running during a power outage, including those regularly caused by mid-winter ice storms. However, generators are no longer the only option for those looking to keep their lights on in the event of an outage: thanks to a number of incentives, solar batteries are becoming an increasingly attractive and financially-viable solution, particularly for customers of Green Mountain Power (GMP).

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