If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.
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In this week’s news roundup, we discuss a bill establishing community solar in Ohio, and a new solar system design with multiple sustainability benefits in California.
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In this week’s news round-up, we discuss an important update in solar manufacturing and BP’s major investment into renewable energy.
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Solar energy is taking off in the US. In 2019, the solar industry will likely surpass 2 million residential rooftops with solar panels installed nationwide. Some states and cities are further along in the adoption of solar energy than others, while others are new markets poised to become leaders in future years. To breakdown the best cities and states for solar in 2019, we leveraged our own data as well as the recently released Shining Cities 2019 report from Environment America.
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Aside from the Solar Investment Tax Credit (ITC) provided by the federal government, which covers 30 percent of your solar project’s cost in the form of income tax credits, many states offer their own tax incentives to help you go solar. One popular incentive is a solar property tax exemption. Read on to learn how they work, and which states have these policies in place.
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Tesla’s first solar roof installations, JPMorgan Chase’s entry into the growing community of major companies pledging to 100% renewables, and IKEA’s foray into solar panel and home battery storage installations are the headlines from this week’s Solar News Report.
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