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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Everything You Need To Know About Mobile Solar Generators

Solar power has been around for quite some time, and the first photovoltaic cells were created in the 1950s. Since then, technology has been improving, and the efficiency of modern photovoltaic cells has increased immensely, making solar power a viable option. If you are considering getting mobile solar generators, here is everything you need to know. What Are Mobile Solar Generators? Most solar generators are static, which means they do not move. However, there are mobile ones that you can transport to any location and use if there is enough sunlight. These items are common with people who love camping, RV camping, and boats, and they come in a variety of sizes. They are also popular for use in infrastructure projects, agriculture, and even remote communities. Mobile solar power generators have a bank of photovoltaic cells. These cells turn sunlight into energy, which can then be stored in batteries. This type of power generator is handy for your next outdoor adventure. What Do You Need for Mobile Solar Generators? When you are looking to purchase or make mobile solar generators, four components make the device, which are: Solar Panels An Investor A Solar Charge Controller Solar Batteries The solar panels and batteries are the parts of this device that can vary in quality. You will want to select the most efficient solar panels you can afford and high-quality batteries to store your electricity. How Do They Work? You first need to transport your system to where you want to set it up and then assemble the solar panels. The solar panels collect energy from the sun, which is converted to a Direct Current (DC), and it is then passed through the solar charge controller. The controller regulates the voltage of the electricity when charging the battery, where you store the power to be used later. When ready to use the energy collected from your solar panels, the inverter converts the DC power into AC (Alternating Current), which most electrical appliances use. The Pros & Cons of Mobile Solar Power There are a lot of benefits to using solar power, but there are some drawbacks as well. One of the best things about solar power is that it is 100% clean and renewable energy that you are using, and there are no fuels to burn, which will create pollution. They are also relatively simple to maintain, and the biggest task will be to clean the solar panels and ensure that they are running at maximum efficiency. There are some cons to solar power as well. The biggest one is that there is a significant upfront cost required to purchase the equipment you will need. You are also limited to the amount of power you can store, depending on the size and efficiency of your batteries. The charging process is also slow. The expense of solar technology can pay for itself in a short time, so it is worthwhile to invest in. You will have the luxury of being able to use your electrical devices wherever you go, safe in the knowledge that you are doing your part for the environment. How Mobile Solar Generators are Good for Digital Nomads As a digital nomad, one of the things you will love about this lifestyle is that you will have all the freedom to work from wherever you may be. That said, it can be challenging to stay connected or keep your devices charged, and that is where mobile solar generators come into play with an easy eco-friendly solution. Whether you’re working in a coffee shop or camping in the wilderness, mobile solar generators will keep your devices charged. Here’s how. On-the-Go Power Mobile solar generators are lightweight and compact, so you can take them with you on the road. No matter if you’re driving in a van or RV or backpacking around the world, your generator comes with you to power your mobile office no matter where you set it up. Minimize Digital Nomad As a digital nomad you can minimize your carbon footprint by using the sun as your source of energy, instead of relying on fossil fuels. Most of us tend to be living a sustainable and minimalist lifestyle already, so this suits us well! The initial investment for a mobile solar generator may seem high, but it pays for itself over time. With the sun as its fuel source, you save on fuel costs. Additionally, many nations provide tax credits or reimbursements on renewable energy usage. Quiet Operation Traditional generators can make a lot of noise, which isn’t necessarily something you want in a quiet, natural environment as a digital nomad. Mobile solar generators don’t produce any noise pollution. So, you can enjoy the peace and quiet of your surroundings without a constant drone running a petrol engine. Independence from the Grid Modern mobile solar generators are equipped with advanced batteries that store energy efficiently. This means you can have a consistent power supply even on cloudy days or at night. Many models also offer multiple output options, including USB ports, AC outlets, and DC carports, to charge various devices simultaneously. Since you don’t need electricity to generate more electricity with these gas-free solar generators; you are not chained to the local electricity grid. Especially when it takes weeks for electrical companies to get everything up and running again. Yes, it’ll not affect you at all. Read Also: The Benefits of Solar Lighting in a Nutshell 10 Steps To Take To Set Up Solar Panels At Home What You Should Know About Solar Energy for Schools Benefits What Are Solar Incentives? Prepare Your Solar Panels for the Fall

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

What are the Different Types of Industrial Power Solutions?

One fact of industrial production is that without power, nothing gets done. Machinery doesn't move, computers don't work and orders aren't processed and workers are idle. So it is obvious that a reliable, constant source of power is available to industry at all times. When it comes to deciding how that gets done, each company needs to start by asking what are their specific power requirements and how permanent it needs to be and what are the solutions available to meet those needs, usually by employing a specialized power company, such as APR Energy Power Solutions. While many permanent industrial facilities in America can count on public power grid infrastructure available in populated areas, more remote areas need to look at self-generating solutions to provide them with the energy they need to operate. So, assuming public power isn't available, the first question that needs to be asked is how permanent is the operation going to be. An industrial facility electric requirement can be categorized as: 1. Temporary (or interim) and emergency power Shorter-term projects can be done remotely and require a mobile solution to be in place to get the job done. Except for the emergency power situation (which would occur immediately to handle the power needs for the duration of the incident), interim power usually takes from 30 to 90 days to design and setup. This solution can be in place and used for a couple of months to many years into the future. This could include providing emergency power, temporary bridging power when a power plant is being repaired or a new one is being constructed, distributed electrical generation, etc. It can also operate at many different levels of generating support. Whether it only provides power during peak demand, as just standby power source, or being solely for the base-load prime supplier of power for the facility, suppliers of these systems can give that added flexibility to the total needs of their customers. Depending on the size of the operation, the equipment supplier can employ: Diesel, natural gas, or turbine generators and fuel tanks if required. UPS (Uninterrupted Power Supply) Systems. With UPS Batteries and Battery Cabinets Power Distribution Units Cooling units Automatic Transfer Switches Load Banks 2. Long-term power Generally, when permanent power plant facilities are being built, a longer-term temporary generating solution needs to be employed. This usually takes many years for a plant to be built, so the long term temporary design has to do the job that the permanent plant will do. This longer-term solution requires more specific planning to meet the demands of a larger operating facility. However, more permanence means that lower-cost sources of fuel can be added into the program such as natural gas, liquid natural gas, Liquefied petroleum gas (LPG), ethanol, kerosene, and naphtha. this is usually accomplished by using a turbine generator. These not only offer fuel flexibility but can run more efficiently and with a smaller carbon footprint. Usually, these facilities are supplied by the power company vendor and the equipment ownership is retained by that company. This means that the generating system can remain for many years, but will remain a straight business expense and not a capital investment to the company, simplifying the accounting process considerably. 3. Permanent Industrial power Permanent generating installations are required by many industries when they aren't planned to remove the equipment. Industries such as utilities, heavy industry, EPC companies, mining, oil and gas operations, and military organizations require ongoing power generation. As with the long-term solution, this more permanent industrial placement can take advantage of the latest and most efficient power equipment and control room technologies. The use of direct fuel pipelines to power the generators can be built for permanent reliability as well. But still, have the flexibility of using alternative fuels if necessary. So industrial organizations have many questions to answer before deciding how they will be supplied with ongoing power to run their business. Working with the power companies that are experts in this area is the best place to start. Careful planning and research at this point are critical for its future operational success. Read Also: 5 Technologies Disrupting The Construction Industry What Surprising Industry Is Helping Canada Get Greener? 5 Industry Examples Where Protective Machine Covers Are Put To A Good Use Top Reasons Why Profitindustry Has The Best E-Commerce Platforms For Your Box Subscription Business

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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Everything You Need To Know About Mobile Solar Generators

Proven Vitamins Used in Energy Supplements

What are the Different Types of Industrial Power Solutions?

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

Related