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Residential Home Solar Prices Continue to Drop

Posted by GetSolar Staff In Friday, August 26 2016 under: Solar Costs, Home Solar Power

Prices for US Residential Home Solar Power systems continued to drop in 2015 and early 2016 preserving the industry trend of steady price reductions. Installed prices, before incentives, for residential solar systems dropped by approximately 5% or $0.20 per watt nationwide, and 7% or $0.30 per watt for "smaller" (under 500KW) non residential or light commercial solar systems.

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Residential Solar Power: New Program Opens to More Americans

Posted by GetSolar Staff In Friday, July 22 2016 under: Solar Policy, PACE financing, solar financing, Residential Solar

The White House has launched a program designed to bring clean solar energy into more American households and more income brackets through a simplified, no-money-down financing vehicle based on a homeowner's property tax bill. The goal is to bring 1 gigawatt (GW) online in low to moderate income communities across the country by 2020.


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Intersolar 2016 Keynotes: Solar is Mainstream

Posted by GetSolar Staff In Monday, July 18 2016 under: Solar Industry News, Solar Policy, SunRun

Opening ceremony keynotes speeches from Intersolar 2016 featuring Kevin de Leon of the California Senate, Bernadette del Chiarro of CALSEIA, Lynn Jurich CEO of Sunrun, Ali Zaidi from the OMB and others with a message that solar powered electrcity is mainstream, and more affordable than ever for more Americans. Lynn Jurich, Co-Founder and CEO of SunRun, a residential solar power installation and finance company said to not bet against America.

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Home Solar Power: SunPower Corp Breaks New Record

Posted by GetSolar Staff In Tuesday, June 28 2016 under: SunPower, Solar Technology, Residential Solar, Home Solar Power

SunPower Corp announced they have smashed another efficiency barrier with their X series solar panels pumping out 24.1%. Higher efficiency benefits residential home solar power because it generates greater power production from a smaller system footprint on the roof, or wherever space may be at a premium.

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Mercedes Working on High Performance Electric Car

Posted by GetSolar Staff In Monday, June 13 2016 under: Electric Cars, Electric Vehicles

Mercedes-Benz is reportedly working on a line of advance concept electric vehicles (EV) using a common platform design for its next generation EV's that was revealed at a tech briefing at corporate headquarters in Stuttgart, Germany this week. The platform will be all wheel drive and have a low center of gravity, which should give the electric car outstanding handling performance.

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Residential Home Solar Prices Drop in Q1 2016

Posted by GetSolar Staff In Thursday, June 9 2016 under: Solar Costs, Residential Solar, Home Solar Power

The cost of a residential home solar power system dropped an impressive 8.3% in Q1 2016 over the previous quarter. The reduction in installed price was attributed to a combination of factors including: lower hardware and equipment costs, combined with strong attention to installation, permitting and other "soft costs".

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Home Solar Power: Ownership of Systems Forecast to Increase

Posted by GetSolar Staff In Thursday, June 2 2016

As reported recently, the percentage of home solar power shoppers deciding to own their system as opposed to leasing them or signing a long term Power Purchase Agreement (PPA) is forecast to increase over the coming years. Due to lowering costs of solar power systems, the attractive 30% Federal Investment Tax Credit (ITC), and superior payback economics of ownership, customers will be looking hard at their options.

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Home Solar Power: More Customers Consider turning to Purchase over Lease

Posted by GetSolar Staff In Tuesday, May 31 2016 under: leasing, PPA, Home Solar Power

Residential home solar power customers are increasingly choosing to purchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30% Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar system.

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Home Solar Energy Storage Qualifies for Fed Tax Break

Posted by GetSolar Staff In Monday, May 23 2016 under: Energy Storage, Solar Energy Tax Credits, home solar

A big question surrounding home solar energy storage systems has been whether or not the battery storage components qualify for the Federal 30% Solar Investment Tax Credit (ITC). According to the IRS, solar storage systems do qualify for the ITC, with several caveats surrounding how the system is charged. The extension of the 30% solar ITC should provide a boost to the emerging US energy storage market, and unlock additional growth.

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US Home Solar Power Costs Drop Sharply over Last Decade

Posted by GetSolar Staff In Thursday, May 19 2016 under: Solar Costs, incentives, Home Solar Power

If you're reading this, chances are you're at least a little bit interested in learning more about solar power costs for your home or business. You may have heard that solar photovoltaic (PV) panel systems are expensive. This has been true in the past, but in many instances, solar panels can save you a lot of money over your current utility bill. Indeed, the price of solar panels has dropped almost 80% over the last decade, with total installed systems costs including labor and permitting dropping over 55%. 

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