Solar & Batteries: The Best New Combo in Solar Energy

Solar & Batteries: The Best New Combo in Solar Energy

With a solar panel system, you export the excess solar energy you produce back to the grid, and the utility pays you for it - this is called “net metering.” Additionally, during a power outage, most standard solar systems cannot work - the National Electric Code prohibits it.…

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Pros and Cons of Residential Solar Panels

Pros and Cons of Residential Solar Panels

If you’re interested in installing residential solar panels, you have likely been bombarded with solar marketing. Making a decision whether to install solar panels or not depends on different situations.…

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Commercial Depreciation On A Solar Energy System

Commercial Depreciation On A Solar Energy System

Commercial properties are eligible for the Business Energy Investment Tax Credit (ITC) of 30%. This is the business version of the Residential Renewable Tax Credit of 30% for homeowners. The American Recovery and Reinvestment Act of 2009 established the tax credit to include solar installations and is in force through 2019 at the 30% level. The entire cost of the system qualifies for the credit from design, to components, to installation. Solar systems can also be depreciated in a way to allow for businesses to take a higher deduction earlier than what is usual.…

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How to Measure the Home Equity of a Solar Energy System

How to Measure the Home Equity of a Solar Energy System

A 2015 study by the National Renewable Energy Laboratory (NREL) places a price premium of $3.11 a watt for solar energy systems added to residential properties. For those with a typical 8kW system, this means the added resale value to your home is around $24,880.…

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