What is PACE Financing for Home Solar Power?

PACE financing for solar

If you want to install a solar energy system on your property, one of the first questions you’ve probably asked is, “How will I pay for it?” There are many financing options available today for homeowners who want to enjoy the benefits of solar. In many areas, an increasingly popular option for home energy improvements like solar is property assessed clean energy (PACE) financing.

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What happens when a solar company files for bankruptcy?

solar company bankruptcy

The solar industry is growing rapidly, which means solar installers and manufacturers are competing with ever-growing numbers of companies for space in the market. This can lead to bankruptcy cases for solar companies who fall behind in the industry, as seen recently with Sungevity and SolarWorld. As a solar shopper you may be concerned about the state of warranty coverage for your panels in the event that the solar company you are working with goes under. In this article, we will look at solar manufacturers and installers, and what their financial positions mean to you as their customer.

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Solar news: Oregon requires “solar ready” homes, California’s 2020 renewables projection, bio-solar photosynthetic technology

In the future, solar panels could look like wallpaper thanks to “bio-photovoltaics.”

Oregon’s governor pens an executive order mandating “solar ready” new homes within about three years, California expects to get 50 percent of its energy from renewables by 2020, and a next-generation solar panel method using living organisms in this week’s Solar News Roundup.

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SolarWorld: bankruptcy status, trade case, and warranties

solarworld bankruptcy trade case

SolarWorld Industries GmbH (formerly SolarWorld AG) is a major player in the solar panel manufacturing space, and the company has had a year full of change. After it declared insolvency earlier this year and went through a reorganization and acquisition process, the company joined manufacturer Suniva to petition the government for tariffs against imported solar panels. Now, you may be wondering how SolarWorld’s financial standing impacts the coverage on their solar modules. In this article, we will look back at SolarWorld’s turbulent year and where they stand now, and we’ll examine their updated warranty offerings and consumer protections.

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Mosaic solar loans: everything you need to know

mosaic solar loans review

Solar loans are the fastest-growing method of financing a solar panel installation your home or business. Across the country, more than half of all new solar installations are done with either a cash purchase or through a solar loan.

Mosaic is arguably the largest solar financing provider for homeowners in the country. If you’re comparing solar quotes from a few different solar installers, chances are you’ve encountered a loan option from Mosaic.

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Should you install solar panel snow guards?

snow guards for solar panels

When you install rooftop solar you save thousands on your electric bill, but if you live somewhere that gets lots of snow in the winter, you may also be at risk for a winter-specific side effect. Sometimes, large amounts of snow will slide off your solar panels all at once, which can damage your property. In this article, we will discuss solar snow guards, what they do, and why you might want to ask your solar installer to include them in your solar array.

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HERO Solar Program: Loan Interest Rates, Terms, Pros and Cons

HERO loan program

The HERO Loan Program by Renovate America is one of the most popular energy loan options in California. HERO loans offer reasonable interest rates that make it possible to fund energy upgrades like new windows and updated HVAC systems. Homeowners and businesses in hundreds of communities across the state have used HERO loans to make clean energy upgrades to their properties. One of the most popular uses for HERO loans is to reduce energy bills by installing solar panels.

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Tesla solar roof cost vs. solar panels: worth the premium?

tesla solar roof vs solar panels

This past spring, Tesla announced pricing for their new solar roof product, a roof replacement for your home. The new solution requires that you replace your existing roof with Tesla’s blend of non-solar glass tiles and solar-enabled glass tiles. It is an elegant new product, designed with great aesthetics, and due to its immense popularity, we wanted to explore the question: does installing this new roof make financial sense for your home? After initial analysis, we’ve found that for the majority of homeowners the answer is “not yet.” Unless you’re in the market for a roof replacement, Tesla’s new solar roof is simply too expensive for the average American homeowner to justify as a home energy upgrade.

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Solar news: Hawaii Public Utilities Commission approves new solar programs, solar power costs expected to fall even further, solar securitizations pass $1 billion in 2017

hawaii solar panel news

In this week’s Solar News Roundup, the International Renewable Energy Agency predicts that solar power costs will fall by 60 percent in the next decade, Hawaii sets up two new solar-friendly programs, and total solar securitizations in 2017 pass $1 billion.

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Solar patio covers & gazebos can provide both shade and power

solar patio cover gazebo

Patio covers and gazebos can make your outdoor space more comfortable and functional. New products on the market can take them a step further by turning your patio cover or gazebo into a mini power plant with the addition of solar panels. If you’re considering making the upgrade to build some sort of solar lounge, you may want to look into a solar patio cover or gazebo.

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