What Are Solar Incentives?

03 December 2018

In a bid to put an end to global warming, more and more technological inventions are tilting towards promoting the sustenance of the environment; which is practically the main reason why the solar panels are invented as a means of producing electricity in the first place. To get more people on board to subscribe to this new means of producing power, measures were put in place; in which one of them is to allow the owners of the solar panels to enjoy certain privileges, which are loosely called Solar Incentives.

So you ask, What Are Solar Incentives? This is a measure put in place to ensure that owners of the solar panels enjoy certain benefits, just by installing and using the product. These solar incentives have led more people to subscribe to the idea of installing and using the panels for their homes and business; because not only is it profitable to the environments, it is also profitable to their finances in the long run.

The following are some of the Solar Incentives there is:

1. Solar Investment Tax Credits:

Of all solar incentives available, this is the one that is commonly known. In this case, Solar owners benefit by having the privilege, as made possible by the federal government, to take out a portion of the cost of the solar panels from their taxes. What that means is that the cost of the system is being subsidized by a certain percent, from your taxes. The common investment tax credit percent is 30% of the cost of the solar panel system. Enticing isn’t it? So, if the solar panel system costs $10,000, you are only paying 70% of that amount, with the remaining 30% already footed for from your taxes.

The only twist to this is that to be able to claim the investment tax credit, your taxable income should be higher or equivalent to the investment tax credit.

2. State Tax Credit:

This is basically similar to the federal investment tax credit, only that this time, a small portion of the cost of the solar panel system can be deducted from your state tax bill, relieving you of some costs that would have been invested in purchasing of the solar panel system. The only twist to this is, unlike the federal tax credit, this is not applicable to all states; only residents of some states are privileged to enjoy this package.

For those that could enjoy this package, they could end of saving about 50% of the cost of the solar panel, making it easier for them to purchase the solar panel system and enjoy its benefits.

3. Solar Renewable Energy Certificates (SREC):

The New Jersey’s Solar Renewable Energy Certificates (SREC) program have made it possible for residents in new jersey that have acquired and installed the solar panel system to enjoy a special kind of solar incentives called certificates – though this is not exclusive to new jersey alone.

You may be asking, what are Solar Renewable Energy Certificates?

These are a type of solar incentive that allows owners of a solar system to sell the certificates to their utility. By standard, if you can generate 1000 kilowatts hours (kWhs) from your solar system, you are eligible to get one SREC; and an SREC is worth at least $300. Now imagine how much that figure can rise up to if you can make 6000 kilowatts hours. Let me just leave you to do the mathematics yourself.

If you were once unsure about purchasing a solar panel, this should make you change your mind.

4. Net Metering:

It is common knowledge that some owners of the solar panel system produce more than they can consume, in which they decide to store the overflow in an On-site battery. What if I tell you that instead of storing that in an on-site battery, you can sell to your local utility company and get returns which can be used to foot other bills. Amazing deal, isn’t it? I can bet you think it is.

That’s basically what Net Metering is all about.

So in days, you create more electricity beyond what you can consume with your solar panel system, instead of hoarding it in your battery, you are given another opportunity to get returns for it. Think about the future energy bills and other bills you can foot by selling excess power produced by your system.

5. Cash rebates:

These are basically cash backs for the owners of the solar panel systems. It could come from different parastatals – like the government, utility company etc. – that are concerned about promoting the use of solar energy. This could also help subsidize the cost of the solar system.

With the aforementioned solar incentives available, the idea of investing in the purchase and installation of a solar panel system is becoming more appealing. What are Solar Incentives? I hope this article has done justice to answering that question.

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Advantages of Using a Portable Solar Generator

Power, is an important aspect of our daily lives, considering a large number of power-consuming appliances and gadgets we have in our homes. Power can be expensive, if not well managed and sometimes inaccessible during prolonged periods of power failure. Power outages have become the new normal and this call for preparedness. Generators, in general, are key to this preparedness as they conveniently supply power when needed. There are a number of generators, however, including solar and gasoline-powered generators. They both pack their advantages and disadvantages alike. Generally, they are a countermeasure to situations of power failures by providing a reliably steady supply of power. In operation, gasoline-powered generators may have harsh environmental implications. As a result, more homeowners are switching to solar generators, which are much safer for the family and environment at large. This article is going to focus on the advantages of using a portable solar generator, in particular. But before we get to that, let us first understand what a solar generator actually is and how it works. What is A Portable Solar Generator? A portable solar generator is a unit comprised of three integrated components, including a generator, a frame, and a battery charger. The solar generator is powered by the sun and this solar energy is harnessed by the solar frame. The energy is stored in the battery for later use. This generator provides sufficient power to adequately supply your appliances and gadgets. It is a convenient resort during power failures. However, its use is not limited to periods of power failure alone, it can also be used to juice up your electronics occasionally and cut down on your electricity costs. Installing a portable solar generator in your home is, therefore, a quite smart and cost-efficient strategy. You should, however, ensure that you find a solar generator that matches your home’s power needs. At PoweredPortableSolar.com, you can get furnished with sufficient information to help you reach an informed decision. Information on solar generator types, capacities and prices go a long way towards determining the ideal choice for your home. The benefits of using a portable solar generator are immense and some of them are listed below: 1. Green Energy : Solar generators are highly preferred over traditional gas generators for their environment-friendly nature. Entirely powered by the sun, they do not produce harmful emissions associated with traditional gasoline-powered generators which liberate fumes and gases that could be poisonous. Gas generator vapors also are a fire risk as they can easily ignite. With solar generators, harsh environmental implications are eliminated and fire risks, as well as other hazardous implications. 2. Renewable Energy : Solar generators are fully powered by the sun. As long as there is sunlight, this energy can be freely harnessed. Unlike other energy sources that can be easily depleted, this one cannot run out. Harnessing solar energy is a guaranteed process as long as the components of the portable solar generator are suitably integrated. The energy is then stored in the battery which can be used later on to power appliances. Even on days with insufficient sunlight, the energy saved in the battery can be used to power your home. 3. Cost- Efficient : As much as installing solar generators could require significant initial costs, it is cost-efficient in the long run. Portable solar generators enable you to meet your power needs with solar energy, a self-sustaining option. This means a considerable drop in your electricity costs. Normally, after initial installation, there are no more ongoing costs that need to be incurred on the portable solar generators. All you have to do is observe the basic maintenance measures, which are not costly. In most cases, they come down to cleaning them on several occasions. 4. Convenience : They offer convenience, especially during prolonged periods of power outages. Power failures are bound to happen time and again. During bad weather especially, power failures could happen a lot and it could be very frustrating. Having a portable solar generator at hand counters this situation. You can keep your appliances supplied with power for a long period of time with no worries. Their portable nature, on the other hand, enables easy moving and storage when not in use. With no moving parts, they suffer less wear and tear and stay in shape longer. Portable solar generators, as an alternative green, and a self-sustaining power source provides immense benefits to homeowners. Ranging from convenience, cost-efficiency, to renewability, portable solar generators are a great addition to your home. Although initial installation costs could be significant, long-term benefits are definitely worth it. Read Also : Everything You Need To Know About Portable Solar Power What Are Renewable Sources And How To Introduce Them Into Your Household?

7 Specifications You Should Look for When Buying a Home Generator

Pretty much everyone has wished they had a backup home generator at one time or another. Whether you want a generator just so you won’t be left in the dark during a power failure or you need to know your family will be safe from the cold should a prolonged power outage happen during the dead of winter, buying a home generator requires some careful thought. Past the obvious choices of cost and reliability, there are a number of factors you should carefully consider before buying a home generator, such as price, your expected power needs, installation requirements, and maintenance issues. The variety of options and requirements can turn a seemingly simple purchase into a complex problem if you don’t know what you need. Here are seven specifications you should look for when buying a home generator: Specifications You Need To Look For Home Generator There are several factors you need to look at while seeking a home generator. Work out the plans that can work well for you. 1. Power Requirements: Power needs are often dictated by your budget, as the more powerful a generator is the more it will, typically, cost. However, initial determining factors for calculating the size of the generator can be addressed with this query: During an electricity failure, does the generator need to power the entire house, or just handle emergency needs? When considering a generator that is able to handle the electrical demands of all the appliances in your home, factors such as peak demand during the months you use the most electricity is a deciding factor. Common generator voltages are 120/240 volts. If you are unsure, your electrician can provide this information. If you live in the south, where the temperatures are moderate throughout the winter, you will not need as powerful a generator as if you live in the far north where temperatures can be deadly in the winter months. A powerful home generator can make things easier for you. On the other hand, when calculating needs for backup supply, only the requirements of the reserve need to be calculated. In the north, this should include the furnace and a couple of lights. In the south, a smaller unit that can power a few lights and the refrigerator is probably adequate. For emergency loads, you may need to have an electrician install a dedicated emergency circuit from the main service panel to a distinct backup panel. However, this is typically up to the homeowner’s liking for a whole-house system. 2. Fuel Type: While it might seem convenient, gasoline is usually an inferior fuel choice for emergency generators as it tends to go bad quite quickly, especially gasoline with ethanol. Better choices include propane, natural gas, and diesel fuel. Powerful home generator can make things easier and effective for you. Prices can be a major contention when choosing between a natural gas generator, or propane and diesel since the price of the generator will depend on the amount of fuel the generator uses. The accessibility of the form of fuel is an additional important element. Propane and diesel fuel generators will have to be refilled during extended outages, whereas the utility company provides a continual source of natural gas. Local laws may dictate what type of fuel is available in your area. For example, the fuel element, propane is not usually permissible to be used within the limits of the city 3. Installation: Depending on the type of unit, you may need to hire a licensed electrician to install the generator. While smaller portable units simply require you plug a power cord directly into the unit, larger whole-house generators will need to be hardwired into your electrical system. Additionally, you will probably have to hire an authorized and insured plumber if you will be connecting the generator to a natural-gas fuel source. However, for simple emergency situations, a portable unit like gasoline-powered online Honda generators can provide up to 10,000 watts of emergency power and be stored in your garage, basement or on your porch. Some of the larger generator companies have their own installation staff or may subcontract the work. However, in some areas, depending on local codes, a homeowner with the proper skills may be able to perform their own installation. The important consideration is to use a trustworthy firm with a proven record of accomplishment of installing standby power-generator systems. 4. Placement: Where your generator will be located is an important consideration. The home generator should be installed as close to the fuel supply and service panel as possible. The generator must also be positioned where it can be easily reached for servicing. This is especially important if the unit is not being powered by natural gas, as you will have to fill the tank periodically. Additionally, it must be located at a comfortable distance from the ground to prevent any form of water from coming close or entering the unit in case of flooding. Outdoor installations may be required to be a secure distance from flammable structures to meet codes, as well as for safety in the absence of any local requirements. Indoor installations should adhere to norms and rules regarding exhaust, closeness to flammable materials, fuel-supply, and ventilation. Even if local codes don’t require it, the power back up should be placed in some type of enclosure to protect it from the elements and possible vandalism. Consider if there are Outdoor Noise Regulation imposed by the local Council or government body for installing the home generator outdoors. Some municipalities require the noise level of a generator is restricted to a specified decibel level at the property line closest to the unit. If a noise ordinance exists, the required level of sound will dictate the kind of power generator that will be used. Quite a few residential generators are supplied with sound deadening enclosure. 5. Options: Accessory options can vary widely, depending on the home generator make and model. Some systems will offer a remote panel that can be installed in a convenient spot inside your home that will have controls and displays to allow you to control and monitor your system without having to go outside. Larger whole-house systems will typically have an automatic transfer switch that will switch the generator on when a power disruption is detected and may be an option on some smaller units. 6. Maintenance: Like any piece of mechanical equipment, and home generators require regular and proper maintenance to ensure it will do the job you bought it to do when the time comes. Unfortunately, because it isn’t typically used on a regular base, maintenance often isn't thought about, until the generator won’t start during a power outage. Some companies will include routine maintenance in the cost of the unit or you may be able to purchase a separate maintenance contract. If you are a do-it-yourselfer you can perform maintenance on your generator yourself, just be sure it won’t void the warranty. 7. Warranty: The typical warranty for residential generators usually varies from one to five year, based on the manufacturer and model. Be sure to study the warranty coverage, including the duration, and what is and what is not covered. Many companies will offer an extended warranty for an added fee. Read Also: Advantages Of Using A Portable Solar Generator How To Maintain Your Garden Railings? Winter Is Going! A Monthly Home Maintenance Checklist To Get You Ready For Spring Featured Image: generatorpalace.com

What Is A Solar Park Like? Discover The Heart Of Solar Energy!

Hello to all the solar energy enthusiasts! Today, let's dive into the fascinating world of a solar park. If you've ever wondered what a solar park is like and what makes it work so efficiently, you're in the right place. Join us on this solar journey and discover the secrets behind a solar park, with a special focus on Soltec USA's solar tracking systems. What is a Solar Park? First, let's get some context. A solar park is a large-scale installation where solar panels are used to convert sunlight into electricity. These parks can vary in size, from small community projects to massive installations supplying energy to thousands of homes. But what makes a solar park so special and efficient? The answer lies in the combination of advanced technology and smart design. The Infrastructure of a Solar Park We need to know its main components to understand how a solar park works. Here are the key elements: 1. Solar Panels Solar panels are the heart of any solar park. These photovoltaic devices capture the sun's energy and convert it into electricity. In a typical solar park, thousands of panels are arranged in long rows, all oriented to maximize sunlight capture. 2. Inverters The electricity generated by solar panels is direct current (DC). For this electricity to be useful in our homes and businesses, it needs to be converted into alternating current (AC). This is where inverters come in. These devices transform DC electricity into AC, making it compatible with the power grid. 3. Solar Tracking Systems This is where the magic really happens. A solar tracking system allows the panels to follow the sun's movement throughout the day. Instead of remaining stationary, the panels move to maintain optimal orientation to the sun. This can significantly increase the amount of energy produced. Soltec USA is a leader in this technology, offering high-end solutions that maximize energy efficiency. 4. Transformers and Substations Once the electricity has been converted to AC, it needs to be transmitted to the power grid. Transformers step up the voltage of the electricity so it can travel long distances without significant losses. Substations manage the distribution of this electricity to different destinations. The Role of Soltec USA's Solar Tracking Systems Solar tracking systems are a vital part of an efficient solar park. Let's delve into how they work and why they are so important. A solar farm has unmatched functionality when it comes to creating sustainable energy resources. But, maintaining a solar farm is equally important in terms of utilizing it efficiency. One such matter of maintenance is having a solar tracking system for your farm. Here are some of the solar energy tracking functionality which can make running your solar farm even easier. There are three types of solar tracking: Manual Solar Tracking Manual solar checking is the most tedious one in a solar farm. This is when a person has to literally walk towards every solar panel, check the energy level, and then tilt the panel towards the sun from time to time. The solar panel cannot remain at a tilt towards the at all times, as this risks damage. Passive Solar Trackers Passive trackers consist of an internal mechanism consisting of a liquid reaching a boiling point. When one exposes the panel to the solar radiation, the liquid begins to boil. Hence, this is a sign that the saved solar energy is being utilized. During utilization, the liquid evaporates. Once there is no boiling liquid in it, then there is an imbalance in the solar panel. This automatically causes the panel to tilt towards the sun. Automatic Solar Trackers Automatic solar tractors have even higher mechanisms. They consist of electric motors, and hydraulic cylinders which change the position or tilt of the panels on their own. It is a fully automated process with very little human interruptions, which is again limited to cleaning & maintenance (when necessary). This form of automatic solar tractor can be divided into two parts: Single axis solar tracker: This tracks the movement of the sun from east to west, ensuring proper collection of the solar radiation. Double-axis solar tracker: They have two axes that tilt from east to west and north to south. This type of solar tracker is perfect for commercial solar farms that run completely on solar energy. Maximize Collection As a commercial solar farm, you should always opt for the automatic solar tracker, as it improves its collection efficiency. The position of solar radiation changes throughout the day. Mornings are when you get the highest solar radiation from the east. Then as sunset approaches, the strength increases towards the west. Therefore, a solar radiation only facing one side doesn’t guarantee maximum collection. This is why trackers play such a crucial role. Adaptability If your solar farm is on a higher altitude or a location with heavy clouds, a solar tracker’s adaptability is of great assistance. Thus, an automatic tracker can locate the spot where solar radiation is the highest and collect it efficiently. Gets More Sunlight The sun is up way before we are! Plus, we do not register the solar radiation at dawn and dusk to be strong enough to generate solar power. Turns out they are! Therefore, the tracker will help to efficiently get the most of the sunlight throughout the day. Advantages of Solar Parks If you are still contemplating whether you should install a solar farm for your personal and commercial purposes, then keep reading. We understand the matter of budget. Yes, installing an entire farm is a matter of high investment. However, understanding the advantages that you can utilize for years to come will definitely make it cost-effective. 1. Clean and Renewable Energy If sustainability is what you are striving towards, then look no further. Fortunately, with the help of modern technology, we are able to utilize a very important natural resource. With further improvements, we are now able to bring that to our everyday domestic usage. With solar-powered everything, you are using clean, renewable energy. This leads to less air pollution, a major decrease in your carbon footprint, and, overall, contributes to a better future. 2. Low Operating Costs Once a solar park is up and running, operating and maintenance costs are relatively low. For example, Soltec USA's tracking systems require minimal maintenance thanks to their robust and efficient design. 3. Job Creation The construction and operation of solar parks create jobs in various areas, from engineering and construction to maintenance and administration. 4. Energy Independence Solar parks can help communities become more energy-independent, reducing their reliance on energy imports and improving energy security. The Final Note! A solar park is a masterpiece of engineering and sustainability, combining solar panels, inverters, transformers, and advanced solar tracking systems. These components work together to efficiently and sustainably convert sunlight into clean, renewable electricity. Plus, we hope this article was able to provide you with a clear and fascinating insight into the functions o a solar park. Next time you see a solar installation, you'll know that behind those panels is a complex network of technology. Matched with design that is working tirelessly to harness every ray of sunlight. The energy of the future is here, and it's brighter than ever! Continue Reading: Elisa Troubleshooting Problems and Solution Tips to Choose the Best Inventory Management Software Is Polyester Stretchy? – Its Materials & Properties [Detailed Explanation]

What Are Solar Incentives?

1. Solar Investment Tax Credits:

2. State Tax Credit:

3. Solar Renewable Energy Certificates (SREC):

4. Net Metering:

5. Cash rebates:

What You Should Know about Solar Energy for Schools Benefits

The Essential Factors You Need to Consider when Installing Solar Panels

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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Advantages of Using a Portable Solar Generator

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What Is A Solar Park Like? Discover The Heart Of Solar Energy!

What Are Solar Incentives?

1. Solar Investment Tax Credits:

2. State Tax Credit:

3. Solar Renewable Energy Certificates (SREC):

4. Net Metering:

5. Cash rebates:

Share this Article

What You Should Know about Solar Energy for Schools Benefits

The Essential Factors You Need to Consider when Installing Solar Panels

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

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