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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What Surprising Industry Is Helping Canada Get Greener?

It may be surprising, but the Canadian chemical industry has been working to reduce its environmental impact for decades. Certain companies have invested in products that are designed to make the world a safer, cleaner and greener space. If you want to learn how they have been accomplishing these goals, you should read the explanation below. Many chemical companies in Canada have demonstrated their commitment to reducing environmental harm. According to research from the Chemistry Industry Association of Canada, the country’s chemical industry decreased its greenhouse gas emissions by sixty-seven percent in the early 1990s. The industry continues to execute positive changes to limit any negative environmental impacts by tracking their emissions, upgrading equipment like boilers and heaters, updating their processes, and using new plants and technologies. There is one industry-leading chemical company that has gone beyond that call to action and invested in more efforts that will create a cleaner environment, promote greener products and counteract the effects of climate change. Terms: Meanings: Green Chemistry The field of finding more eco-friendly and safe chemical alternatives to products being used. GHG Greenhouse gas emissions. Emissions of carbon dioxide, methane and nitrous oxide creates a barrier around the world and trap heat inside, making the planet warmer. Clean Energy The energy that does not create greenhouse gas emissions or pollution when used. Sustainability Prioritizing resources that won’t be permanently deleted or damaged. That impressive company is CCC Chemicals, which is one of the largest independent distributors in Canada. They have sourced a range of green chemistry products from innovative suppliers, so that their portfolio is filled with biodegradable solutions, ethylate replacements, vegetable-based raw materials and safer alternatives to hazardous substances. They also source and carry chemical products dedicated to environmental remediation, which means making contaminated sites clean and secure through a laborious process. The company invests in these remediation chemicals and green substitutes in order to help manufacturers and businesses commit to environmental solutions. Canada has shown increasing interest in setting environmental goals and reaching them in the near future. The government signed on to the 2015 Paris Agreement with countries across the world, vowing to reduce the consequences of climate change together — the key points of the agreement included openly publishing greenhouse gas emissions and planning for a future that is carbon neutral. They also began the Greening Government Strategy to encourage the country’s representatives to lead by example and create a space that focuses on clean energy, sustainable products, and low-impact activities. On a smaller scale, average citizens are purchasing more sustainable and green products to use in their daily lives. It’s evident that the entire country is ambitious to establish a healthier environment as soon as possible. While innovative chemical companies are not the only solution leading towards a healthier environment, they are certainly an important factor in helping Canadians reach their objectives. Aspects like green chemistry and environmental remediation will be invaluable tools that the country will need to make their vision of a better future a reality.

Proven Vitamins Used in Energy Supplements

It is never the case where the majority of us get enough sleep (6 to 8 hours every night), eat a well-balanced or highly nutritious diet (a clean diet), and get an adequate amount of exercise (at least 20 minutes a day). There are varieties of energy supplements for both males and females. This ‘lack’ can leave us feeling sub-par, and not at our mind and body’s peak performance. The only other sure alternative it leaves us with is to complement this ‘lack’ with either nutritional or energy supplements. This is a good thing because it replenishes us in times of need. The fact of the matter is that even for those people who do get all 3 of the above (sleep, diet, and exercise) sometimes they too need energy supplements. It could be for health reasons like anemia (lack of iron in their blood) and feel lethargic most of the time, it could be a hormonal imbalance, environmental stressors or sometimes even a sickness that you didn’t know you had. So, in any of these instances, energy supplements are the way to go. There are lots of different types of energy supplements for both males and females. Which Vitamins in Supplements Boost Our Energy? Below are some popular choices: Creatine: Is a natural ingredient found in fish, pork, red meat, and poultry? When included in your diet, it can provide the body with a quick boost of energy. The main currency of energy in the body is called Adenosine Triphosphate (ATP) and when the body uses up its ATP resources, it becomes what’s known as ‘Adenosine Diphosphate (ADP).’ Creatine does the job of reversing this process and provides energy to ADP which turns it back into ATP, resulting in an energy boost in your body. It’s that simple. Studies done on various athletes, for example, have shown this improvement when they took creatine as a supplement i.e. increase in several sprints in certain sports, powerful bursts of activity in things like weightlifting or jumping. Not only did it improve energy-levels and stamina, but it has also shown to improve lean muscle mass in some adults. The reason for this was because it gave these individuals energy, which in turn helped them to train twice as hard and twice as long as they normally would. Find out more here. CoenzymeQ10: This is a substance we make naturally in the cells of our bodies. The 3 main parts of our body that contain the highest levels of Q10 enzymes are the liver, kidneys and the heart. The reason we have this in our body is to give us energy and protect our cells from oxidative damage. As you can imagine, when the levels of the CoQ10 enzyme declines, so does our energy levels. Outside substitutes for CoQ10 are foods like nuts, fish, and meat in moderation. Another reason to take it is that it decreases with age, and age-related issues like heart failure, certain cancers and diabetes, and it is always best to supplement with CoQ10 in this case. Although it is good to note that this enzyme will not increase the energy levels of people who have an adequate amount in their cells already. Maritime Pine Bark: This is not a very well-known or researched extract, but in recent studies it has been shown to provide energy to the body and surprisingly enough, some studies found that it may indirectly enhance the delivery of oxygen and glucose to the brain and as a result, it supports brain energy metabolism. So, it protects not only the body but also the brain against damage. Rhodiola Rosea: a slightly more popular herb than the one mentioned above, it is found in certain cold mountainous regions and is used mostly as an adaptogen promotes homeostasis in the body and enhances its capability to handle stress. Many studies have also been done on this herb to see its effects on both physical and mental exhaustion. The results were positive, and they found this herb to be responsible for an increase in physical performance and a decrease in mental weariness. And was also found to help slightly with depression with no or very low side effects as compared to prescription drugs such as sertraline. Read Also: All That You Must Know About Prenatal Vitamins The Top 6 Vitamins And Minerals All Women Over 40 Should Take Vein Doctor Diana Wilsher Discusses Vitamins That Can Help You With Varicose Veins

The Benefits of Solar Lighting in a Nutshell

What comes to mind when someone says “solar?” Typically we think of the sun, the Earth’s fuel provider. What if I were to tell you that we could dramatically reduce our carbon footprint by using the power of the sun to fuel something as simple as outdoor lighting? It’s true! Over 10 million tons of carbon dioxide are produced annually just from residential outdoor lighting alone--that’s no drop in a bucket! The time to reverse the impact of carbon emissions is now, and believe it or not, one of the best ways to significantly reduce our carbon footprint is by using something a little unconventional: solar lighting. Solar Lighting Benefits: More Than Just Good for the Environment A lot of “green initiative” individuals are huge proponents for solar lighting simply because it’s great for the environment. Solar panels knock loose electronics from their interaction from photons striking silicon wafers, which in turn charge a battery to power a light fixture when the sun drops below the horizon. This awesome interaction (named the photovoltaic effect) uses absolutely zero fossil fuels to power lights. There’s nothing to burn nor any power lines that need to be connected. It’s one of the cleanest energy sources available to us. We like to call solar the “new energy revolution.” Beyond that, solar lighting is a lot cheaper than many people think. The price of a solar panel in the mid-70s was about 76 dollars a watt. Can you guess how much a solar panel price is a today? In 2013, solar panel prices were about 75 cents a watt. So 1 watt of energy produced by a solar cell costs similar to the change you’ll find under your couch cushions. And now that technology is used in solar panels on top of poles to power light fixtures. It’s a fantastic solution for parking lot and street lighting that saves money and reduces the overall carbon footprint. Beyond The Green There’s a lot more in store than you might think with solar lighting. First off, every solar light works independently. There’s no power connection needed, no trenching required, and no costs with using fossil fuels. If the power goes out, so do the lights! That’s not the case with solar lighting. In fact, we’ve seen cases of solar lights holding up during strong hurricane winds to remain on after the storm in contrast to traditional lighting which would need mountains of repair from the high winds ravaging the area. Secondly, several models of solar lighting are actually portable via a forklift or just two people. They’re fantastic for construction projects where permanently-grounded lights won’t bode well. Solar lighting works great in airports for when power goes out and backup systems fail. Or, if you prefer having the portable option just in case, feel free to go that route. The emphasis is that these lights can go virtually anywhere since they don’t need to be tied to an electrical grid. Just be sure that they have access to the sun--even though the best lighting systems are rated to last over a week on a single charge, the panel won’t cull much power if it sits in the shade of a tree permanently. Talk of the Town Solar lighting tends to be a bit of a head-turner. It preserves park beautification and adds a little flair to light fixtures. A lot of media outlets tend to give attention to cities that make green efforts, especially when they’re such a public-facing installation. On top of all the benefits you’ll receive for solar lights, you might get featured in a newspaper or on television for deciding to install solar on your city’s streets. That, in turn, should generate business. Solar is great for publicity. In Conclusion Solar lighting is a lot more than just going green. It’s about recognizing that clean power is the way of the future. It’s about preserving what matters to us and ensuring your business or municipality saves as much as possible while getting the job done. If you’re in the market for a new lighting project, consider solar. The savings are there. But don’t take our word for it; do the research yourself and you’ll find it’s the best option to light up the night. Thanks for reading. Read Also: A List Of The Essential Factors You Need To Consider When Installing Solar Panels In Your Home 10 Steps To Take To Set Up Solar Panels At Home How To Start Living Off The Grid

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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What Surprising Industry Is Helping Canada Get Greener?

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The Benefits of Solar Lighting in a Nutshell

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

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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