The Megawatt Block Incentive Structure (Megawatt Block) is one of New York’s most important solar incentives. The program provides strong subsidies for both commercial and residential rooftop solar energy systems. The size of your subsidy depends on how big the solar energy system you install is, and how much solar energy is already being produced in your area. You also don’t need to take any action to claim the benefit if you use a state certified installer.
As a result of solar PV cost declines, rising utility rates, and supportive public policies and incentives, residential rooftop solar PV has become an affordable option for millions of customers, especially in America’s 50 largest cities. This is especially true if customers have the ability to access low-cost financing options like longer-term loans, leases, and third-party power purchase agreements (PPAs) that eliminate the upfront cost. Thus, the availability of solar PV (and other ways to more efficiently use energy) has caused many customers to seek their own degree of personal “energy independence” by focusing on ways they can diversify their energy choices and exert greater control over their utility bills.
However, most of the customers who want a greater degree of personal energy independence (and the community leaders who wish to help them get there) often do not understand (or are simply unaware) of how solar PV technology can help them save money and reap the rewards of a largely risk-free long-term investment. Often, the lack of familiarity most customers have with solar PV has the effect of increasing the costs (often called “customer acquisition costs”) that solar PV installers must incur to educate consumers and make a sale. When one considers that selling more PV systems is how solar installers can reduce their other costs and make their businesses leaner, more competitive, and cost-effective without incentives, educating customers and community leaders about the “dollars and cents” value of solar PV truly is paramount. Continue reading →
When shopping for solar photovoltaic (also known as solar panel, solar electric) systems, many businesses and homeowners focus mainly on price. To that end, dollars per watt is a key metric when comparing quotes because it allows the consumer to adjust for differences in system size. While price is certainly an important factor, maximizing the value of your investment both financially and environmentally, involves consideration of several other, equally important factors. Here are some that we think are vital to making the right decision about your solar panel system. Continue reading →
EnergySage is pleased to announce the development of a formal relationship with the Massachusetts Sierra Club to accelerate the adoption of clean energy technologies, such as solar photovoltaic (electric), solar thermal (hot water) and geothermal-heat pump (space cooling and heating) systems. The joint effort will focus on proactive outreach, education and free advocacy services for owners and decision-makers at commercial properties, including businesses, religious institutions, government buildings, schools and non-profits. The details of this partnership can be viewed here. Continue reading →
Even though a pretty powerful V.I.P. had his back, Noah didn’t wait for the rain to start falling before he started planning his ark. After all, timing is everything, and it’s always good to be ahead of the game. The same holds true when you’re thinking about switching to a clean energy system.
While you might not be ready to buy right away, it’s still in your best interest to begin your research process sooner rather than later. Here’s why: Continue reading →
Lately, there’s been a lot of noise in the marketplace about whether or not solar panel systems would make financial sense without the government tax incentives and rebates that are available today. Even the Wall Street Journal seems to have jumped on the band wagon. Continue reading →
Most people who are sold on the financial, environmental, and community benefits of clean energy systems such as solar photovoltaics, small wind and geothermal, may still find the upfront cost to be a stumbling block. Before you become discouraged, make sure that you’ve done the math. There are many rebates and incentives available, that can significantly reduce the cost of your system, anywhere from 30%-50%. If you still feel that that you can’t afford the upfront investment, you still have options. Rather than buying a clean energy system outright, you may be able to A) borrow the money you need to purchase your system or B) you could lease the system with no upfront cost to you. Both options ensure that you can still save a significant amount on your energy bills.
A recent EnergySage survey found that close to 90% of the consumers surveyed had at least some level of interest in a buying a solar panel system (and the same applies to other clean energy systems like solar hot water, solar thermal, geothermal, small wind turbine systems). So, if interest is so high, why aren’t more people investing in a solar energy system? Continue reading →
We all know that perception is everything. There’s a huge difference in how people view a $10,000 investment versus a $10,000 expense. So could solar power systems be suffering from a perception problem? EnergySage set out to find out just that.