Homeowners, solar companies, and industry advocates alike were given a big Christmas gift in 2015 when Congress approved the 2016 federal spending bill and extended the solar panel tax credit. The December 18 bill contained a 5-year solar tax credit extension, which makes solar more affordable for all Americans. Wondering how this impacts you? EnergySage has the answers.
For those asking themselves “should I go solar”, the cost of solar installation has fallen every year, and 2017 was no different. According to the Solar Energy Industries Association (SEIA), installing a residential solar energy system cost 1.6 percent less than in 2016, 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?
According to a new study from the National Renewable Energy Laboratory (NREL), the key to driving down the overall cost of solar implementation may lie in targeting property owners considering new roofs or entirely new construction. The report, titled Cost-Reduction Roadmap for Residential Solar Photovoltaics (PV) 2017-2030, supports the U.S. Department of Energy’s (DOE) goal of reducing the cost of solar electricity to just 5 cents per kilowatt-hour (kWh) by 2030.
More than one and a half million homes have solar installed on their roofs as of 2018. Investing in a solar PV system has a variety of benefits: solar panels will reduce your electricity bills by generating electricity on-site for 25 years or more. A solar energy system can also increase your home value by tens of thousands of dollars. Home solar is a significant investment in your home, which leaves many homeowners wondering: do I need to get solar panel insurance or will my system be covered by my home insurance?
Following the news of Tesla’s acquisition of U.S. solar installer giant SolarCity, the world has been keeping a close eye on Elon Musk and his two prosperous clean energy ventures. Tesla and SolarCity, electric cars and solar panels – a two-front war waged against grid reliance and energy dependence. In 2018, Musktopia is both expanding and constricting as two of the tech entrepreneur’s five companies are joining forces around one common goal: decimating your carbon footprint.
Until just recently, Texas was not even among the top 10 states for solar energy, thus many were surprised when the Lone Star State was ranked #3 in the U.S. for solar jobs in 2017. Texas is adopting solar at one of the fastest rates in the country, and for good reason. Prices have continued to drop, and a number of utilities across the state launched or extended major incentive programs for solar PV systems recently. In this article we’ll break down Texas solar prices and use a case study to explain how comparison shopping can help homeowners get a better deal.
The past decade has engendered the era of solar panels for home use. Homes and businesses across the country are transitioning away from a fossil-fueled electricity grid towards a clean energy economy, necessitated by emissions reduction targets in a time of global climate change. Amidst this period of energy reform, solar panels for houses are taking off at a remarkable rate. It’s time to give residential solar the credit it deserves. Learn everything there is to know about the booming residential solar industry in our list of home solar FAQs. Continue reading
Solar is a trendy thing in 2018 and many adventurous homeowners are beginning to wonder about “diy solar panels” – the concept of building a solar panel system by yourself. Of course, there’s a lot involved in a solar installation and there’s a right and a wrong scenario for do-it-yourself solar projects.
Going solar has major financial benefits: it reduces your monthly electricity costs and can even increase the value of your home. Incentives like the federal tax credit for solar can reduce your net cost by 30 percent or more, but solar is still a big investment, and the price tag can result in sticker shock. To save money, it’s no surprise that many homeowners are considering DIY. Below, we break down the top pros and cons that you need to know about do it yourself solar energy before making a decision as well as the DIY solar process.
The 5 step process to DIY solar panels
- Design and size your system based on energy needs
- Purchase your solar equipment (solar panels, inverters, racking)
- Install the racking or mounts for the panels
- Connect the solar panels to your racking equipment
- Install a solar inverter
There are many unique ways to design and install a solar energy system for your property. If you are considering a ground mounted solar panel installation, you might be considering a solar tracking system so that your panels follow the sun across the sky. This article will examine what installing a solar tracker means, and if a tracking system is right for your solar project.
Every solar company has a variation of the same sales pitch, “did you know going solar can save thousands of dollars?” They make it sound so easy, but the truth is, whether solar is a smart long-term investment for you depends on a few major factors. So before you buy into the hype, we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money.