A report released by Duestche Bank predicts a strong drop in US residential home solar power prices over the next several years spurring continued growth of the market. According to the report, module prices (the complete solar panel) may drop by up to 40% in the next several quarters to below $0.40 per watt.
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.
From 2007 to 2008, the total capacity of grid-tied California solar installations just about doubled, rising from 81 megawatts (MWs) to 160 MWs (see California Public Utilities report). Clearly, the demand for solar is rising. Since the value of solar lies predominantly in how much energy it produces -- which translates into conventional electricity savings -- it's important to know exactly how many kilowatt-hours (kWh) your solar panels can crank out on a daily, monthly, and yearly basis. When you take your home or business solar, a professional solar quote will tell you how much energy you can expect your system to produce over time.
Spring cleaning: it's a perennial fixture in our lives as days get warmer and longer. Routine chores that fall victim to procrastination all year long should -- and will -- finally get checked off the list. But spring cleaning also offers a chance to consider something new, like solar energy products for gardening and other outdoor projects. What better time than spring to turn over a new leaf? Check out some of the solar home garden products below and see if they fit your spring planting plans.
Updated 2016, This is post is still as timely as ever: A Home Energy Rating (HERS) is a key component of a home energy audit, a tool to help your home meet ENERGY STAR Efficient Guidelines. Why is this important for solar installations?
Being an effective solar home owner doesn't end when the solar panels go on your roof: read below to find out how to make sure you maximize your investment in solar energy. If you're just joining us in this series, brush up here on Five Things To Do Before You Get Solar and Five Things To Do When You Get Solar.
A recent article on the Bay Area's SFgate.com raised the question of whether or not the cost of installing solar on your home can be recouped in its sale price--especially in this market. This is a question we hear a lot, and it's a good one. Continue reading here, to find out why a solar energy system is likely to boost your home's resale value.
With the ever-increasing interest in residential photovoltaics (solar electric systems), more and more people come to sites like GetSolar.com to figure out what all the fuss is about, and how these things actually work. Even homeowners who have progressed to the stage of figuring out the pitch of their roof and talking about budget -- even homeowners who already have a system! -- can be vague on the details of how these beautiful little systems do what they do.