The Investment Tax Credit (ITC) is a generous incentive from the federal government. It was put in place to encourage uptake of solar energy and other renewable energy systems in 2006. It has been tremendously successful in this goal: the number of solar installations in the US has increased 1,600% since the ITC was introduced.
Many EnergySage customers quickly understand the potential benefits of the ITC, but have questions when it comes to the particulars of how it operates. Frequently, we field questions about whether or not they can claim the ITC at all, and when and how it can be applied to their tax bills. Continue reading →
As the cost of solar continues to fall and the financial and environmental benefits of solar PV grow, more organizations are collaborating to provide reasonably priced solar options to homeowners. For example, National Grid recently announced that it is partnering with EnergySage to offer a solar marketplace option to its Rhode Island customers. Recently, Comcast also announced a partnership: the cable company will offer a discounted solar option to its customers through an exclusive partnership with Sunrun. Find out more about what the Comcast solar offer means for you.
Sunrun is one of the largest solar installation companies in the country and has partnerships with organizations like Comcast, Major League Baseball, and Costco. The company primarily offers solar leases and power purchase agreements (PPAs) to homeowners, although there are also cash purchase and solar loan options. Are you considering a lease or PPA offer from Sunrun? Before you sign on the dotted line, review EnergySage’s guide to evaluating your Sunrun offer.
Installing solar at your home or business has significant financial benefits. In many cases, you can choose a zero down solar financing option and install your system without paying any money up front, leading to instant savings. In this article, we will examine the various options for $0 down solar and the merit of each option.
Home solar is more popular than ever, and if you’re in the market for a new home, you might come across options with solar panels already installed. It is important to understand the unique aspects of buying a solar-equipped home so you can enjoy the benefits of solar energy without having to go through the installation process.
The number of properties with rooftop solar panels is increasing day by day, and it isn’t just homeowners who are installing solar panels to offset their own electricity bill. Businesses as small as your local general store and as large as Google have installed solar on-site to decrease overhead costs and promote corporate social responsibility. Now, nonprofit organizations are starting to explore their solar options as well.
Choosing the right solar panels is one of the most important steps in designing your solar power system. There are hundreds of options, and while all panels are designed for one purpose – to convert sunlight directly into electricity, not all panels are created equal. Different solar cell technologies and the quality of manufacturing can impact the performance of your panels. For these reasons, comparing solar panels and finding the right one to meet your specific system needs can sometimes be a complicated task; but, it doesn’t need to be.
In this article we’ll explain important metrics like PTC power rating, STC, degradation rate, efficiency and temperature coefficient. Continue reading →
It was an exciting week as the solar industry reveled in the latest booming figures from the record year for the U.S. market in 2016. A report that shows solar leases don’t impact home values, figures from solar’s record year in 2016 and the new prospect of universities powered 100 percent by solar are the key headlines we’re discussing from this week’s Solar News Report.
Solar is no longer the uncommon renewable energy it once was. Today, trusted review organization Consumer reports is offering its insight about the best solar companies and best ways for consumers to install solar panels.This year, the millionth home solar panel system was installed in the United States. If you had any doubts about whether solar is now in the mainstream, Consumer Reports’ recent guide around the best way to go solar should erase them. In its August 2016 issue, the industry-leading nonprofit magazine declares, “There has probably never been a better time to switch to solar” – and suggests that U.S. homeowners use EnergySage’s Solar Calculator to determine whether solar makes sense for their homes.
The research team at Consumer Reports took on the entire solar shopping process, covering topics from equipment to financing to evaluating the installer you choose to build your solar energy system.