With strong government incentives and falling equipment costs, going solar has never made more financial sense on such a broad scale. Testament to this is the tremendous increase of the number of American homes & businesses with solar panels on their roofs in recent years. But at the same time, not everyone has a roof of their own, and even those who do might have one that is shaded or otherwise unsuitable for solar. Community-owned solar projects – sometimes called community solar gardens, or shared solar farms – promise a way for the roofless and ‘roof-impaired’ to go solar. Continue reading
As President Trump’s Paris decision looms large, state legislative measures tackling solar accessibility are more important than ever. Nevada’s net metering bill, North Carolina’s solar reform bill, and a large solar array plan from IKEA are the headlines from this week’s Solar News Report. Continue reading
Going solar saves you money on your monthly electrical bill. The amount of your savings varies by size and location of the system. But how does it work financially and administratively with your utility? Currently, two types of policy are widely used: the Value of Solar Tariff and Net Metering. The decision of which one to use can be controversial. Continue reading
People often think SRECs and net-metering are the same thing, but really, the comparison is like apples to oranges. It’s true that they are both important to getting the best financial results from your solar PV system, but SRECs and solar net-metering actually have very different, distinct functions.
SRECs are a way to put cash in your pockets while net-metering is an efficient way to manage the finances related to your utility bill. Both can have positive financial effects and understanding the difference between the two can help you, as the owner of a solar PV system, to maximize the benefits of both. Here’s how it all works: Continue reading
A number of interesting developments emerged this week in the space of technical innovation and environmental protection with one common theme: solar. Solar’s momentum is as strong as ever now that wearable solar batteries do not need to be charged, NREL has forecasted $400 billion in environmental benefits from solar and Nevada homeowners may receive net-metering protection.
Solar panel systems have become one of the fastest-growing sources of energy in the United States. According to the Solar Energy Industries Association, the solar market will double in size in 2016. The popularity of solar power has led to the rise of another renewable technology: solar batteries that can store extra solar power for later use. Companies like Tesla Motors are developing batteries that can be installed with solar panels to create “solar-plus-storage” systems for your home. Read on to learn more about residential solar batteries, and find out if you should consider installing a solar-plus-storage system for your home.
The biggest annual conference in the solar industry, Solar Power International, was this week, and with SPI’s industry buzz came a number of exciting developments in solar. A major net metering win for Nevada homeowners, a new wearable textile that can integrate solar cells and news of North Carolina dethroning Arizona as the number two state for solar are the headlines we’re talking about in this week’s Solar Energy News report.
These days, virtually every state in the USA has some kind of support program for rooftop solar energy systems. But you’re especially fortunate if you’re planning on going solar in New York State: your state has some of the most ambitious solar incentives in the country. Thanks to these incentives, solar has become a very attractive investment in New York. What are New York State’s solar incentives and how can you take advantage of them Continue reading
“…The economic benefits of net metering actually outweigh the costs and impose no significant cost increase for non-solar customers. Far from a net cost, net metering is in most cases a net benefit—for the utility and for non-solar rate-payers.”
You may have heard an endorsement like this before from renewable energy advocates and representatives of solar installers. But those words didn’t come from SolarCity or from the Solar Energy Industries Association (SEIA) – they came from the Brookings Institute, one of the country’s most respected nonpartisan think tanks.
A number of exciting developments this past week are keeping the solar momentum strong in what many experts are calling the #YearofSolar. The launch of Disney World’s solar farm, news of New Hampshire’s lifted net-metering cap and the development of solar cells that can generate power from raindrops are three of the headlines you need to know about from this past week’s solar energy news report.