8 Reasons Why Right Now Is A Great Time To Go Solar

| March 23, 2020

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The impacts of the coronavirus COVID-19 are being increasingly felt throughout the country, but the usual bills – including electricity bills – keep rolling in. There’s a lot that really sucks financially-speaking at the moment, but there are some bright spots. Here’s why now is a particularly good time to be considering going solar. But there’s a sure-fire way to get a great return on your cash and that is acquiring a good quality, professionally installed solar power system. Try our new solar calculator – the estimated payback and returns might make your eyes pop. For example, the following are estimated simple payback periods and savings over ten years for a 6.6kW solar system costing $6,600 installed in the various capitals; using the calculator’s default settings:

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Solar and Energy Loan Fund

The Solar and Energy Loan Fund (SELF), which administers the Clean Energy Loan Program, provides energy expertise and favorable financing to help property owners (residential and commercial) identify and make cost-effective energy retrofits, including: energy conservation; energy efficiency; and, renewable energy alternatives (e.g., solar). SELF clients are reducing their energy consumption by an average of 24% and using the energy savings to help pay off the loans over time. Rebates and tax credits may also apply to many of the 25 energy savings products financed through the Clean Energy Loan Program. SELF clients are also increasing their home equity, market value, and overall quality of life.

OTHER ARTICLES

Four Ways Toward A New Energy Economy

Article | February 25, 2020

The American Council on Renewable Energy (ACORE) released a report in January 2020 that examines four notable policy approaches identified as having the potential to accelerate the transition to a renewable energy economy and achieving scientifically based reductions in greenhouse gas (GHG) emissions. The report, Advancing America’s Climate Leadership: Policy Options That Most Effectively Put Renewable Energy to Work, discusses specific advantages and limitations of each policy option, individually and in combination. Authored by ACORE’s Greg Wetstone, President and CEO; Bill Parsons, COO; Lesley Hunter, VP of Programs; and Tyler Stoff, Policy Manager, this report offers design recommendations for policymakers to optimize implementation.

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The Digital Transformation of Wind Energy

Article | February 25, 2020

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What the Renewables Industry Wants From the Next Stimulus Bill

Article | February 25, 2020

The U.S. renewables industry was left out of the $2.2 trillion coronavirus stimulus bill passed last week, but the battle is far from over. Congress is already considering further legislation to rescue the economy from the ravages of the COVID-19 pandemic, and renewable energy groups are ready to bring their proposals back to the table. As with the last stimulus bill, the industry's plans center on securing changes to two federal policies: the Investment Tax Credit (ITC) for solar power and the Production Tax Credit (PTC) for wind power. Renewables groups have a powerful claim to make as they push for those changes: Unlike many of the industries seeking hundreds of billions of dollars in collective aid, the desired tweaks to the renewable tax credits would not add significantly to the federal government's costs.

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A wave of scientific breakthroughs is going to make solar energy cheaper than energy generated from fossils

Article | February 25, 2020

Human pollution such as burning fossil fuels has been causing global environmental change for decades. Climate change impacts leave us no time to hesitate before taking urgent actions towards a more sustainable life. Going solar can be one of these actions. Luckily, scientists all over the world work on new materials that are going to make solar panels cheaper and more efficient. Australian and Chinese engineers experiment with a crystalline structure perovskite. Though being rather promising, this material is also very fragile. That is why it is planned to be used in tandem with silicon panels, which are more durable.

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Spotlight

Solar and Energy Loan Fund

The Solar and Energy Loan Fund (SELF), which administers the Clean Energy Loan Program, provides energy expertise and favorable financing to help property owners (residential and commercial) identify and make cost-effective energy retrofits, including: energy conservation; energy efficiency; and, renewable energy alternatives (e.g., solar). SELF clients are reducing their energy consumption by an average of 24% and using the energy savings to help pay off the loans over time. Rebates and tax credits may also apply to many of the 25 energy savings products financed through the Clean Energy Loan Program. SELF clients are also increasing their home equity, market value, and overall quality of life.

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