What Are Solar Incentives?

by

03 December 2018

Energy

Solar Incentives

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.

Read Also:

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.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

solar panels for outdoor

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

READ MOREDetails
Burn More Calories

Must-Follow Tricks to Burn More Calories

When it comes to a better and healthy life, fitness and sound physical and mental health are key essentials. Many of us get overweighed and it becomes very tiresome for them to lose weight by burning calories. Some people work hard and keep up moving ahead but few just start it and forget they had a work-out and exercise plan to follow. Skipping work using fake doctor’s notes becomes their habit and ultimately they remain as fat they had been. We are presenting some useful tips on how to lose your weight and burn more calories with simple and easy tricks. Have a Bigger Breakfast Recent research shows that people consume 70% calories in breakfast, 50% in lunch and 20% on dinner. The doctors and other physicians suggest that if you are keen about losing weight and keep on improving your fitness, the breakfast you take every day should be bigger than you lunch in energy and size as well. Anyhow, breakfast is recommended to be had daily in order to get better health and now it helps in losing weight as well. Read also: How To Lose Your Weight With Venus Factor Surround Yourself with Blue Though it’s very interesting the researches have proved that people eat 33% less when they are in a blue room or covered with blue themes at the time of dining. Use this fact and you will be surprised that you actually had less while eating. The blue color is an excellent appetite suppressant and people use this trick when it comes to losing weight easily and doing a lot of work-out. Watch Horror Movies Here the tricks we have included belong to all the categories and we have tried our level best to keep it simple. It’s a fact that horror movies help in losing weight as when you watch a horror movie, you get scared and burn more calories. Burning more calories lead to a remarkable reduction in weight. The parents can use this trick easily for their children and teens that have got so much and find it hard to exercise or do work-out in the gym and can’t afford to eat less at a time. This simple and amazing trick will work perfectly for all age-group people. Do Work-out regularly There are multiple ways to lose weight and one of these is doing work-out and proper exercises. It all can be started with the help of a trainer or consultant who proffers guidance on how to get started and what to do first as well. The start should aim at building stamina through short walks, run-ups, and exercises. It should be done regularly and focus on increasing your running time and distance so that you can build wonderful stamina and power to do all the further exercises. Not East Less but East Smartly Keeping the fat people away from eating is not the solution but they must be told to focus on eating properly and the foods that don’t let them get more weight. It often happens that parents direct their children to eat less, basically, this is not a solution but you are just imposing a strict condition on the next person. Eating wisely and being selective when it comes to taking healthy foods is what we all should care about whether we are fat or trying to gain some weight. There are multiple ways to get rid of your weight and turn yourself into a smart guy. Healthy foods, proper exercises, good water in-takes and keeping your spirits up for work-out and exercises are the necessary requisites for heading towards the very aim successfully. Be fussy in your foods, edibles and following these mentioned tricks will help a lot in burning more calories.

READ MOREDetails
Guide To Choose an Authentic Plumber Service Company

Guide To Choose an Authentic Plumber Service Company

When renovating your home, you will naturally want to repair your kitchen sink pipes, the drainage system of your house, and your bathroom pipes and taps. Since this task is tedious and you cannot do it all by yourself, you might need the help of a plumber. There are many online companies from where you can choose an authentic as well as a professional emergency plumber, but it is very essential to note the genuine reviews and the testimonials as well as the price quoted by the plumber, before you assign them any plumbing task. Since most online plumbing companies promise not to collect tax from their customers, your expenditure on getting your plumbing system repaired will be minimal. Choosing A Plumbing Maintenance Company To get an experienced plumber to renovate the damaged plumbing system of your house, you need to choose a good plumbing maintenance company. When you get hold of a plumbing company online, you must research well to gain knowledge about its authenticity. You should pick a service that provides insured plumbing professionals. In case if any damage or injury is, caused due to plumbing, to a person in your household, the insurance of the plumbing specialists will cover for it. It is better to choose the plumbing services from your vicinity first, as then you will have the right track to hold the plumber responsible in case anything goes wrong. Check whether the company is offering a good and affordable package deal on the plumbing maintenance service. To get the cheapest services at your hand does not mean that you have to compromise with quality, as you can very well choose from a host of reputed plumbing agencies. Benefits of Choosing Plumbing Service From the time you call the plumbing service till the time, the plumber leaves your house, both the company executives as well as the plumbing specialists will treat you with respect. In addition to what is mentioned above, given below are the other advantages of hiring a plumbing service:The plumbers of the plumbing service company use latest technologies, methodologies, and equipment to repair a household’s drainage system, pipes, and faucets. Each plumbing professional is trained to diagnose the problem accurately so that he or she can fix the damage in the plumbing system quickly. All plumbers coming from plumbing service organizations are licensed, workers. This determines that they are authentic and will not cheat you.  Understanding Plumbing Company’s Authenticity Read the details of the company on its official website and check whether it comprises of professionally trained and experienced plumbers. If the firm comprises of experienced professionals, you can rely on the fact that good and reliable service will be delivered to you. Check the ratings, given by previous users, on the services of the company. If the rating is above four stars, you can consider the company to be authentic.  Read Also:  1. Installation of Kitchen Cabinets: Best Way to Give Your Home a Perfect Facelift 2. Kitchen Renovations Must be Done at Regular Intervals 3. List of Most Durable Kitchen Flooring The Internet contains countless plumbing service websites. To have a plumber come and visit your house to repair and replace leaky faucets, broken pipes, and damaged drainage system you must look for the contact of the plumbing service that you have chosen to call or email them. You do not have to register yourself with the plumbing service or pay in advance to get in touch with them. An authentic plumbing service firm will give you a prompt plumber that will diagnose the fault in your plumbing system quickly.  He or she will use all necessary tools, efficiently, to renovate your plumbing system to make it as good as new again.

READ MOREDetails