Solar energy has numerous benefits for homeowners looking to keep their energy bills low and to tap into a renewable source of energy source. As solar energy becomes more and more widespread, costs related to purchase and installation of solar panels have come down and made this great energy source much more affordable to home owners. Did you know that the roofing in your house has an effect on solar panel installation? Read on to find out more.
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Solar energy is one of the most accessible of renewable energy sources. More and more home owners are realizing that tapping into the endless energy from the sun has numerous benefits including massive savings on energy costs, environmental conservation among others. The growing popularity of solar energy has given rise to questions about the cost of solar panel installation. There are many factors that affect what your solar installation will be. Here are some of them:
Do-It-Yourself (DIY) is a growing trend among home owners in America. While there are many benefits to DIY, solar installations are an exception. While many home owners may be tempted to undertake solar installation in their homes by themselves. Here are some of the reason why this is not a good idea.
Many homeowners often wonder how the weather affects solar energy systems in their homes. Because solar panels are installed outside on the roof, it is easy for someone to imagine that adverse weather can damage the solar panels or at least severely reduce the amount of energy produced by the system. Here are some of the widespread misconceptions surrounding home solar installations. The first question that comes in mind when one has broken solar panels is whether to repair them or toss them. Unlike other electrical gadgets, solar panels have longer life expectancy and they are not techs that can just be thrown out just because they are broken. Whether you own or leasing solar panels, it is worth the time repairing them when they get damaged.
Are you considering investing in a solar installation? You are probably wondering if it is a viable investment and how long you stand to benefit from it. To put your mind at ease, studies have shown that solar panels installations can last for years- between 20-30 years or more. This does not mean that after this time your panels will stop working. What it means is that the panels will decrease their energy production and will be unable to meet the average energy needs as before.
Solar Renewable Energy Credits (SRECs) are issued to homeowners and organizations to allow them sell certificates to their utility. For every 1000 kWhs produced by a solar panel system, a SCREC is earned. These credits are considered the currency of renewable energy which can be sold and bought in an open market setting. This means that homeowners and organizations getting electricity from commercial solar power systems can track and profit from the amount of clean renewable energy. Most companies using solar systems choose to sell these credits to help offset the cost of installing and maintaining a renewable energy system.
In December 2015, the federal government extended a renewable energy tax credit that allows a taxpayer to claim a 30% credit of qualified expenditures that serves a residence unit used by the taxpayer. The ITC (Investment Tax credit) offers an income 30% credit for systems placed in service by December 31st 2019. Simply put, the federal government rewards individuals with a tax credit for investing in solar energy.
As more homes and businesses turn to solar energy, you might begin to hear terms like Net Aggregate Metering (NAM) being used more often. Such concepts have come up to help solar users integrate their solar systems into the power grid and thus benefit from any excess energy that their solar energy systems produce. In this article, we will explain the term as well as give you practical ideas on how you could benefit from NAM.
If you are a home owner with a solar system installed, you probably understand the benefits that come with using solar energy. From reduced energy costs to government subsidies, there are numerous benefits to solar energy. However, you might be wondering if you can make your solar energy system even better by purchasing and installing a solar battery unit. In this article, we explain to you the pros and cons of having a solar battery and the factors that you should consider when making a decision on whether to buy one or not.
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