Following the 2018 elections, there has been a flurry of state-level action on climate change and clean energy to begin the new year. Outside of proposals at the federal level for a Green New Deal, many states are proposing and passing a suite of climate-related legislation, from emission reduction goals to clean energy procurement targets. Perhaps the most common policy instrument for growing clean energy at the state level is the renewable portfolio standard (RPS).
If you’re a homeowner in a state with Solar Renewable Energy Certificates (SRECs), one decision to make as you’re installing a solar panel system is how to sell your SRECs. There are a number of SREC aggregators who will sell your SRECs for you. One of the most popular of those companies that solar panel system owners elect to work with today is Sol Systems. EnergySage conducted a Q&A with Sol Systems to learn more about their company, what customers should consider when choosing an SREC aggregator, and how they differ from other SREC aggregators.
Solar energy renewable certificates (SRECs) are some of the most attractive solar incentives available in the country. Many states with renewable portfolio standards (RPS) have special “solar carve-outs” that require a certain amount of a utility’s energy production to come from solar. In these states, utility companies meet the requirement by purchasing SRECs from people producing solar energy.
If you’re a business owner, the concept of “solar panels for businesses” might seem like a risky move in a complex and confusing market. You may have heard about major Fortune 500 companies going solar, but thought that it might not be feasible for your organization. Maybe you’re considering installing solar panels at some point in the distant future, when your organization can afford to make a major investment in something that seems like an environmental “good” rather than a strategic financial decision.
Solar energy renewable certificates (SRECs) are some of the most attractive solar incentives available in the United States. Many states with renewable portfolio standards (RPS) have special “solar carve outs” that require a certain amount of energy production to come from solar. These states use SRECs as a way to promote solar installations and compensate system owners for the energy their panels generate.
There are a lot of factors that can affect the performance of your solar panels and the economic benefits they can generate—things such as where you live and how sunny it is, how much you pay for electricity, which way your house faces—even the pitch of your roof. Variety is the spice of life, but the diversity of our architecture can affect the performance of solar panels. It’s important to understand how those differences in production performance related to the angle of your roof will affect the overall financial performance of your solar power system. Continue reading
For those asking themselves “should I go solar”, the cost of solar installation continues to fall. According to the Solar Energy Industries Association (SEIA), installing a residential solar energy system costs 70% less than it did in 2010, which is great news for today’s solar shoppers. But the ever-decreasing costs of solar create a conundrum: should I go solar now or wait? For many, daily headlines that declare lower and lower prices can stir them to action. For others though, these same headlines can cause them to wait a few more years in hopes of saving even more money. So who’s right?
The Massachusetts solar renewable energy certificate (SREC) program is one of the most advantageous financial incentives for solar available at the state level. Massachusetts property owners who buy and install a solar panel system can earn hundreds (or even thousands) of dollars a year by selling the SRECs the system generates.
When you think of Massachusetts, you may think of the historical city of Boston, its championship sports teams, or distinctive pronunciation of the letter “R”. Now, it’s time to add a new association to the list because Massachusetts solar incentives and programs are now considered some of the best in the country. In this article, we break down these incentives and explain why solar panels are such a great investment in Massachusetts in 2018.