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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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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8 Tips For Choosing Solar Panels For Outdoor Activity

There is no need to carry your heavy, bulky generator anymore. With solar panels from the market, you can now find a way to have a hassle-free trip when you go out. Solar panels for the outdoors are the best thing that you can bring along with you because they will be able to power up your devices while you are outdoors. How To Select The Solar Panels For Outdoor Activity? Solar panels are great for powering small devices like cell phones, GPS units, and hand-held radios. Solar panels can be used for camping, hiking, and other outdoor activities. The solar panels for outdoor activities must be able to withstand some rough handling. 1. Choose The Right Size And Shape For Storage Ease When you're looking for solar panels for outdoor activity, the first thing you'll want to consider is the size and shape of the panel. The most common size is 15 inches by 15 inches, but you can also find smaller and larger sizes. If you're planning on using a solar panel in a backpack while camping, smaller size is easier to carry. However, a larger size may be needed if you plan to use the panel in a stationary location or on a boat. 2. Get Flexible Solar Panels When choosing a solar panel, you need to think about your situation and how you will use it. The solar panels for outdoor lights should always be flexible. Unless you are not going to select the portable one, you cannot get the full advantages. For example, if you're going to be camping, you want to make sure you get something that's small, lightweight, and portable. Camping flexible solar panels at Sunyee are going to be the best option for outdoor activity. Flexible solar panels are the best choice for outdoor activity. The reason is that flexible solar panels are very light, strong, waterproof, and can be bendable to about 180 degrees. This is the coolest thing about flexible solar panels for the outdoors. In the past, you could only find rigid solar panels for sale. They were heavy, noticeable, and not very portable. Due to the advancement in technology, flexible solar panels are now made. They are very light, portable, and durable. The best part is that they can be folded and carried around easily. 3. Understand The Different Types Of Portable Solar Panels Just like any product, there are different types of portable solar panels to choose from. Each of these comes with its own set of advantages and disadvantages. Understanding them is the key to choosing the right one for your needs. The first thing which you should consider while selecting solar panels for outdoor and their capacity. This is measured in watts. The higher the capacity, the faster your gadgets will charge. The second thing to consider is the material used to make the panel. Generally, portable solar panels are made of silicon and aluminum. Each of these comes with its own pros and cons. Silicon panels are more expensive than aluminum panels but are also more durable. Aluminum panels are cheaper but are not as durable. There are many different kinds of solar panels to choose from. You can choose between monocrystalline, polycrystalline, along with thin film solar panels. Monocrystalline panels have higher energy efficiency with a lower amount of weight than polycrystalline panels. Thin film solar panels are the lightest, but they are also the least efficient. 4. It Should Be Compatible With Your Electronics Another thing you need to consider when choosing a solar panel is if it's compatible with your electronics. There is a wide range of solar panels for outdoor available on the market, and each of them may be compatible with different electronics. If you own a smartphone or tablet that is not compatible with solar power, you can always buy one with a bigger capacity. Most solar panels are compatible with multiple devices; just remember to check the specifications before you buy one. 5. Check How Long It Takes To Charge And Remains Without Charge If you are going to use a solar panel for outdoor activity, say camping, hiking, fishing, etc. The battery should be able to charge fully, which means at least 8 hours (for those with a low-capacity battery, it is better to bring a solar charger). But it is better to have solar panels outdoors that can remain at no charge for over a month, which means the battery should be at least 20,000mAh capacity. When purchasing replacement solar panels for outdoor lighting, the battery capacity is the first thing that you must check. For example, small solar panels for outdoor lighting are more like a decorative part, so when you are starting to add these to your garden, you should always understand what the life span is and how long it will take to get the full charge. 6. Consider the price Solar panels are a great option for powering outdoor gear and cutting down on the costs of outdoor activities. You can power all kinds of things with a solar panel. The biggest concern is being able to power what you actually want to power. You'll need to know the wattage of the device before you can start looking for solar panels. The cost of solar panels is one of the main concerns of people who want to install solar but are not sure if it is worth the investment. The price of solar panels and related equipment can put a big dent in your pocket. But it is also true that solar power is one of the most cost-effective ways to produce electricity. So, if you are planning to install solar panels outdoors, you have to decide how much you are willing to spend. 7. Durability Durability is the first thing you need to consider when choosing solar panels outdoors. Solar panels are not cheap, and you don't want to make a bad investment. It is very important to check the glass on the panel. It should be durable and thick, made of tempered glass that is scratch resistant and won't crack under pressure. The glass needs to be strong enough to withstand wind and to keep the solar panel protected. The panel frame should have a good warranty and be sturdy, but most importantly, it should be made of rust-resistant material. It must be able to withstand the elements and keep the solar panel safe from rust. The whole frame needs to be strong, not just the legs. A good warranty is also very important, don't settle for less than 25 years. 8. Setting up When choosing your solar panels for outdoor, the most important factor to consider is how easy it is to set up. If you are going to be using your solar panel for outdoor activity, it will most likely be set up in a place that is not easy to reach. You don't want to be carrying a heavy solar panel with you while you are hiking or camping. It would help if you also were looking for a solar panel that is light enough to carry around your neck. There are a bunch of solar panels out there that are pretty much ready to go. Just unroll your solar panel and put it in the sunlight. Wrapping It Up: These are the qualities that you must check before selecting solar panels outdoors. Outdoor solar panels are not only user-friendly. These solar panels are the ultimate solution for any place where frequent power cuts happen. Which types of quality do you match up with while selecting any outdoor solar panels? Let us know through the comment sections. Read Also: Prepare Your Solar Panels for the Fall10 Steps To Take To Set Up Solar Panels At HomeHow Much Do You Save With Solar Panels? The Ultimate GuideWhat You Should Know about Solar Energy for Schools Benefits

How to Choose a Clean Energy Provider for Your Texas Home or Business

Keeping Texas clean is a priority for most Texans. Clean energy is one way to do that. Choosing clean energy helps lower carbon emissions, which helps to slow climate change. It also lowers overall energy costs and helps create a steady energy supply in the future. It can be cumbersome to sort through all the information on the internet to find an energy provider who uses renewable sources. Having a general idea of where to start and what you are looking for can really help you figure out what energy company to go with as you try to use clean energy in your home or business. You can find cheap energy companies in Texas and compare energy rates by making good use of energy comparison websites. Understand Clean Energy Clean energy, also called renewable energy, is generated from naturally replenished sources. These sources include solar energy, wind, water, nuclear, bioenergy, and geothermal sources. All of these energy sources are practically limitless instead of fossil fuels, which can take billions of years to renew. When looking for a clean energy provider, it is good to start by looking at their energy sources. If they mention a specific kind of renewable source, it is safe to go with that option. You must be sure where your energy is coming from if clean energy is essential to you. Make sure you don’t just take them for their word if they use buzzwords like “clean energy” in their marketing materials. Companies may get a small amount of their energy from renewable sources so that they can make that claim. However, it would be best if you went for a company that gets at least 50 percent of its energy from renewable sources if you want your energy source choice to make a meaningful impact on the environment. Find Providers Near You When searching for a clean energy provider, the first step is to determine what companies provide energy services for your area. Unfortunately, some more rural areas may not have the option to choose a clean energy provider. For locations with that option, search for "clean power companies in Texas,” like Chariot Energy or a comparable source to power your home or business. With any power company you find, make sure that they are rated for both business and residential areas. Investigate Your Options Find out what companies provide energy services for your area. Look for their story and see how long they have been working in clean energy. Look for businesses they work with and investors or politicians they have ties to. Their associations can tell you a lot about how serious the company is about clean energy. You should also look up independent sources to get ratings on their clean energy track record. Search for individual companies on independent review websites and the Better Business Bureau to get an accurate idea of what they truly stand for. You also want to make sure they have an excellent customer service track record. Compare Offers and Plans Once you have decided on the power company you want to use, you will have to compare its plans. Some companies offer “green pricing,” which allows customers to pay a premium to use only clean energy. This premium helps companies with the added costs of switching to green energy and with the addition of other clean energy sources to their mix. Suppose you can’t find a company that offers clean energy, or you want to give a little extra help to the industry as a whole. In that case, you can also purchase green certificates, which help companies around the country transition to clean energy. The Texas Choice Deciding to move to clean energy is good for the environment and good for Texas. It can be confusing to sort through all the information out there, but if you stay organized and sort through the data in smaller chunks, you can find the right energy company. It can save you money and save the wide-open spaces of Texas in the process. Read Also: The Dallas Texas Resource for Metal Conex Boxes What You Should Know About Solar Energy for Schools Benefits

Five Factors That Impact Solar Panel Installation And Maintenance Costs

More homeowners are increasingly turning to solar power as an alternative energy source due to its ability to lower electricity bills and boost home resale values. While going green is an excellent move, installing and maintaining solar power systems are associated with high costs. By learning about the factors influencing them, you can easily decide if switching to solar power is worth your hard-earned money. Here Are Five Prime Factors That Impact Solar Panel Installation And Maintenance Costs 1. Your preferred solar panel contractor Selecting the right solar panel installer is critical as you transition to a more sustainable lifestyle. Proper installation and maintenance can make or break your project's cost-effectiveness, so don't be tempted by low prices alone! To get ahead of potential problems down the road, research companies for their qualifications and reviews before making any commitments. Investing in an experienced contractor may come at a higher upfront price tag but will ensure successful integration into renewable energy sources with long-term savings benefits. When you contact us, we will answer any inquiries regarding the cost of our solar power installation and maintenance solutions. 2. Roof type and angle The type and angle of your roof significantly impact your solar panel's installation cost and maintenance. Roofs that are flat, slate, or shingle can be challenging to work with, and installation may take more time and effort, which leads to higher costs. The angle and orientation of the roof also play a role. A roof with a steep slope facing south will provide optimum sun exposure, reducing installation costs and improving energy production. 3. Structural issues Structural issues also affect solar panel installation costs and maintenance. The integrity of the roof and the structural load-bearing capability are essential considerations. Reinforcement may be necessary if the roof cannot accommodate the solar panel's weight, which will increase installation costs. Similarly, any structural issues that require repairs, such as rot, sagging, or cracks, would require rectification before installation, which increases installation costs. 4. Solar system add-ons When upgrading your solar power system, several accessories could enhance its performance. Battery backup systems can store excess energy for later use and offer protection when the sun isn't shining as brightly or in case of an outage. While these add-ons come with additional costs upfront, they may provide long-term financial savings, greater reliability to offset any weather variations affecting production levels, and added peace of mind during emergencies. 5. Local costs Local codes and regulations can also influence solar power installation cost and maintenance. Permits and interconnection fees, for example, can vary between localities, and you must confirm any costs before proceeding with the installation. Licensing, inspection, and maintenance costs are additional expenses that may be imposed in your locality. Conclusion Investing in a solar energy system could be an effective way to reduce your utility bills. Still, the timeline of when you can expect to see those savings depends on several factors. In sunny areas with high current energy costs, these systems can pay off within five years, though other locations may have longer wait times that stretch out into ten or 20-year cycles before any real return is seen. It ultimately comes down to your value on environmentally friendly solutions and long-term investments versus the more immediate financial gains from traditional power generation sources. Read Also: Ready Rooftops – How to Install Solar Panels 8 Tips For Choosing Solar Panels For Outdoor Activity How Much Do You Save With Solar Panels? The Ultimate Guide

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

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Ariana Smith

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

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8 Tips For Choosing Solar Panels For Outdoor Activity

How to Choose a Clean Energy Provider for Your Texas Home or Business

Five Factors That Impact Solar Panel Installation And Maintenance Costs

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:

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What You Should Know about Solar Energy for Schools Benefits

The Essential Factors You Need to Consider when Installing Solar Panels

Tags

I enjoy writing and I write quality guest posts on topics of my interest and passion. I have been doing this since my college days. My special interests are in health, fitness, food and following the latest trends in these areas. I am an editor at Content Rally.

Leave a Reply Cancel reply

Popular

Follow Us

Recent

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