Category Archives: Cost Benefit

Articles concerning the pricing of solar and the economic benefits of going solar.

Top 10 solar companies in Massachusetts

Solar adoption in the Bay State is accelerating. As prices continue to fall, solar panels make more sense than ever for MA homeowners who lament high electricity prices while benefitting from strong local incentives offered to solar buyers. Selecting the right installer for your solar project is one of the most important steps in the solar process, but it can be difficult to know which installers are the highest quality. Check out our updated ranking of the top solar companies in MA, based on factors like consumer satisfaction and market activity.

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Why are solar panels so expensive? Understanding the cost of a solar panel system

The Cost of a Solar Panel System

While the most expensive part of going solar is paying for the equipment, it still only represents 25 percent of the overall expense. Soft costs, or the outlays that installers spend just trying to find you and appeal to you, also contribute a significant percentage. Here’s a breakdown so that you can understand the cost of a solar panel system, plus tips on how you can save money!

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California Solar Initiative: the SASH program

The Golden State has always been a front-runner when it comes to solar energy. California is consistently ranked as the top state for solar when it comes to both jobs and installed capacity. Much of their original growth in solar has been due to the California Solar Initiative (CSI). Enacted in 2006, CSI was designed to provide upfront rebates for residential and commercial property owners purchasing solar panel systems. The rebates were available for customers of three utility companies: Pacific Gas and Electric (PG&E), Southern California Edison (SCE), and San Diego Gas and Electric (SDG&E).

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National Grid solar incentives: Rhode Island’s Renewable Energy Growth program

Rhode Island’s Renewable Energy Growth (RE Growth) Program is a performance-based incentive (PBI) that offers financial benefits to National Grid customers who install solar on their home. PBIs pay owners of solar energy systems for the electricity produced by their system. PBIs help system owners recover the costs of installing a solar energy system and earn an attractive return.

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New report says future homeowners can save big by installing solar with a new roof

According to a new study from the National Renewable Energy Laboratory (NREL), the key to driving down the overall cost of solar implementation may lie in targeting property owners considering new roofs or entirely new construction. The report, titled Cost-Reduction Roadmap for Residential Solar Photovoltaics (PV) 2017-2030, supports the U.S. Department of Energy’s (DOE) goal of reducing the cost of solar electricity to just 5 cents per kilowatt-hour (kWh) by 2030.

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How much do solar panels cost in Arizona?

In 2018, it’s rare to have a discussion about the top solar markets in the U.S. without mentioning Arizona. The Grand Canyon State offers a dynamic combination of bountiful sunlight and record low solar prices thanks to its lucrative state tax credit. When homeowners realize that Arizona is the third best state for solar after California and North Carolina, it’s hard not to see the appeal of installing a PV system in 2018.

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Maryland home energy storage rebate program makes solar batteries affordable

The state of Maryland has taken its place alongside California and Massachusetts as a leader in energy storage, thanks to a new piece of legislation that establishes a state tax credit for batteries.

The Maryland solar battery rebate program offers a financial incentive worth thousands of dollars to homeowners and businesses looking to purchase batteries that can store energy on-site. With this tax incentive, the Old Line State becomes the first in the country to offer a direct financial boost to energy storage installations.

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Net metering in Massachusetts: one of the Bay State’s top solar incentives

The best states to go solar in all have at least one thing in common, and that is beneficial net metering policies. Massachusetts’ net metering policy allows property owners to send electricity generated by their solar panel system onto the grid, and receive credit on future electric bills for excess energy produced by the system. 

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