Solar
Why Solar?
BENEFITS
Whether it’s connected to the grid, or an off-grid array, solar allows you to take control of your energy consumption and become an independent producer of your own electricity. Not only does solar provide savings up to 80% of your net bill cost, but you are also consequently protected from bill inflation that can accumulate annually without solar.
Whether it’s connected to the grid, or an off-grid array, solar allows you to take control of your energy consumption and become an independent producer of your own electricity. Not only does solar provide savings up to 80% of your net bill cost, but you are also consequently protected from bill inflation that can accumulate annually without solar.
System Orientation
WHAT IS A GRID TIED SYSTEM
A Grid-Tied Solar system consist of a solar panel array which directly back feeds electricity to your home. These systems can be the lesser of the options available for solar homeowners, due to the circuit not containing a battery for kilo-watt storage that is produced during the day time. This means that when the sun begins to set, your system will no longer feed electricity from the panels to your home, until the sun rises once again.
A Grid-Tied Solar system consist of a solar panel array which directly back feeds electricity to your home. These systems can be the lesser of the options available for solar homeowners, due to the circuit not containing a battery for kilo-watt storage that is produced during the day time. This means that when the sun begins to set, your system will no longer feed electricity from the panels to your home, until the sun rises once again.
Over 25 years, the average driver charging an EV with solar panels will save: Over $14,000 by charging an EV with home solar compared to grid energy. Nearly $70,000 compared to fueling a gas car that gets 30 miles per gallon
Inflation Reduction ACT
FEDERAL TAX INCENTIVE
In August of 2022, President Biden signed an extension on a 26% rebate for solar, till the year 2032, while also raising the solar tax incentive to 30%. This means that all homeowners are eligible to claim the solar incentive for 30% of the systems cost, as a rebate when filing for the year in which the system was installed.
In August of 2022, President Biden signed an extension on a 26% rebate for solar, till the year 2032, while also raising the solar tax incentive to 30%. This means that all homeowners are eligible to claim the solar incentive for 30% of the systems cost, as a rebate when filing for the year in which the system was installed.
Net Energy Metering
Net energy metering is a system used by electric utility companies that determines your monthly bill based of your net power consumption. It allows you to be fully credited for all electricity produced by your panels through a process that counts all energy consumed and produced to measure your net power consumption. This means if you consume 750 kWh a month but produce 700 kWh a month, you will only be billed 50 kWh that month. Similarly, if you produce 900 kWh but used only 750 kWh, you will earn credits for 150 kWh that roll over to the next month. Net Energy Metering allows homeowners to stack over produced power, on a month to month basis, and sometimes give a zero or negative bill.
Net Billing
In Net billing, any power generated by the solar PV system is first used inside the home, and extra produced power goes back to the utility. The customer gets a lower rate per kWh for this excess energy typically around $0.03/kWh. Net billing does not allow for roll over credits and varies greatly depending on energy usage and time of year. Net billing is often used for large solar power systems.
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