Solar and Energy-Efficient Home Upgrades

Replacing Roof & Get Solar Together

Thu, 15 Dec 2022 23:00:00 GMT

As a homeowner, one of the most important investments you can make is in your roof. Not only does a quality roof protect your home and belongings from the elements, it can also add value to your property and improve energy efficiency.

However, when it comes time to replace your roof, many homeowners face a difficult decision: should they simply replace their existing roof, or should they also invest in solar technology at the same time?

The answer is clear: choosing to replace your roof and add solar technology at the same time is a smart, cost-effective decision that can provide numerous benefits for you and your home.

One of the primary benefits of replacing your roof and adding solar technology at the same time is the potential for significant cost savings. When you replace your roof, you are already incurring the costs of labor and materials. By adding solar technology at the same time, you can save on the cost of additional labor and materials, as well as potential roof damage during the installation of the solar panels.

In addition to the initial cost savings, replacing your roof and adding solar technology at the same time can also save you money in the long run. By generating your own clean, renewable energy, you can reduce or even eliminate your dependence on traditional, fossil fuel-based energy sources. This can lead to significant savings on your monthly energy bills, as well as a lower carbon footprint for your home.

Another benefit of replacing your roof and adding solar technology at the same time is the potential for increased property value. A high-quality, energy-efficient roof is a valuable asset to any home, and adding solar technology can only enhance that value. In fact, studies have shown that homes with solar panels can sell for up to 4.1% more than comparable homes without solar panels.

Furthermore, many states and localities offer incentives and tax credits for homeowners who choose to install solar technology. These incentives can offset the initial cost of the installation, making it even more affordable to replace your roof and add solar technology at the same time.

In addition to the financial benefits, replacing your roof and adding solar technology at the same time can also provide environmental benefits. Solar energy is a clean, renewable source of power that generates no greenhouse gas emissions or other pollutants. By generating your own energy, you can reduce your reliance on fossil fuels and contribute to a cleaner, healthier environment.

Finally, replacing your roof and adding solar technology at the same time can provide peace of mind and added security for you and your family. A high-quality roof is essential for protecting your home and belongings from the elements, and adding solar technology can provide a reliable source of power during natural disasters or other emergency situations.

In conclusion, replacing your roof and adding solar technology at the same time is a smart, cost-effective decision that can provide numerous benefits for you and your home. From potential cost savings and increased property value, to environmental and security benefits, there are numerous reasons to consider this investment. So, if you are in need of a new roof, consider also adding solar technology to maximize the benefits for your home.

Solar Tax Credit

Sun, 11 Dec 2022 22:35:45 GMT

As a homeowner, investing in solar energy can not only help the environment but can also provide significant financial benefits. One of these benefits is the Solar Tax Credit, also known as the Investment Tax Credit (ITC), which can significantly reduce the cost of a solar energy system.

The Solar Tax Credit was established by the federal government in 2006 as part of the Energy Policy Act. It allows homeowners to claim a credit of 26% of the cost of their solar energy system on their federal income tax return. This credit applies to both residential and commercial solar installations, and can be claimed in the year the system was installed or spread out over several years.

In addition to the federal Solar Tax Credit, many states also offer their own tax credits or incentives for solar energy. For example, in California, homeowners can receive a state tax credit of 25% of the cost of their solar energy system, for a total potential tax credit of 51% of the cost.

The Solar Tax Credit has been a key factor in making solar energy more affordable for homeowners. According to the Solar Energy Industries Association (SEIA), the average cost of a residential solar energy system has fallen by nearly 50% since the ITC was established. This has led to a significant increase in the number of homeowners installing solar energy systems, with the SEIA reporting a more than tenfold increase in solar installations since 2006.

Not only does the Solar Tax Credit help homeowners save money on the initial cost of their solar energy system, but it can also provide ongoing financial benefits. Solar energy systems can significantly reduce a homeowner's monthly electricity bills, with the average homeowner saving around $44 per month on their electricity bills after installing a solar energy system. Over the lifetime of the system, this can add up to thousands of dollars in savings.

Furthermore, the value of a home with a solar energy system can also increase. A study by the National Renewable Energy Laboratory (NREL) found that homes with solar energy systems sold for an average of 4.1% more than comparable homes without solar energy systems. This increase in value can provide homeowners with a significant financial benefit when it comes time to sell their home.

In order to receive the Solar Tax Credit, homeowners must follow a few steps. First, the solar energy system must be installed on the homeowner's primary residence or second home. It cannot be installed on a rental property or business. The system must also meet certain technical requirements, such as being installed by a licensed contractor and meeting applicable building and electrical codes.

Once the solar energy system is installed, the homeowner must claim the credit on their federal income tax return. This is done by filling out Form 5695 and attaching it to their tax return. The credit can be claimed in the year the system was installed or spread out over several years.

In conclusion, the Solar Tax Credit is a valuable financial benefit for homeowners who invest in solar energy. Not only does it help reduce the initial cost of a solar energy system, but it can also provide ongoing savings on monthly electricity bills and increase the value of a home. By taking advantage of this credit, homeowners can not only help the environment but also save money on their energy costs.

Sources:

"Residential Solar Energy Tax Credit." Energy.gov. Accessed March 22, 2021. https://www.energy.gov/savings/residential-solar-energy-tax-credit
"State and Local Solar Policy." Solar Energy Industries Association. Accessed March 22, 2021. https://www.seia.org/state-and-local-solar-policy
"Solar Tax Credit: What You Need to Know." EnergySage. Accessed March 22, 2021. https://news.energysage.com/solar-tax-credit-explained/#:~:text=2022%20%E2%80%93%202032%3A%20owners%20of%20new,will%20continue%20for%20commercial%20systems.

General Contractor Benefits to Solar

Sun, 11 Dec 2022 22:17:17 GMT

As a general contractor, incorporating solar into your projects can provide numerous benefits for both your business and your clients. Residential and commercial solar systems can reduce energy costs, increase property value, and help contribute to a more sustainable future.

One of the most obvious benefits of solar is the potential cost savings for property owners. According to the National Renewable Energy Laboratory, the average residential solar system can save homeowners up to $600 per year on their electricity bills (1). For commercial properties, the savings can be even greater, with some businesses reducing their energy costs by as much as 70% (2).

In addition to the financial benefits, incorporating solar into your projects can also increase the value of the property. A study by the Lawrence Berkeley National Laboratory found that homes with solar systems have a higher sale price compared to comparable homes without solar (3). This can be especially valuable for commercial properties, as it can make the property more attractive to potential tenants and buyers.

Furthermore, the use of renewable energy can help reduce the carbon footprint of a building. The Environmental Protection Agency estimates that the average solar system can offset about 100 tons of carbon dioxide emissions over its lifetime (4). This not only helps the environment, but can also improve the public image of a property and the business associated with it.

Incorporating solar into your projects can also provide a competitive advantage in the market. As consumer demand for sustainable and renewable energy options increases, offering solar as a part of your services can set your business apart from others and attract potential clients who prioritize sustainability.

Despite the potential benefits, some general contractors may be hesitant to incorporate solar into their projects due to concerns about cost and feasibility. However, there are numerous financial incentives and programs available to help offset the initial costs of installing a solar system. The federal government offers a tax credit of 26% for residential and commercial solar systems installed in 2021 (5). Additionally, many states and local governments also offer their own incentives, such as rebates and grants, to encourage the use of renewable energy.

Additionally, the cost of solar technology has significantly decreased in recent years, making it more affordable and accessible for general contractors to incorporate into their projects. According to the Solar Energy Industries Association, the cost of solar has decreased by over 70% in the past decade (6).

In conclusion, incorporating residential and commercial solar into your projects as a general contractor can provide numerous benefits for both your business and your clients. From cost savings to increased property value and a reduced carbon footprint, solar is a smart and sustainable option for any construction project.

“Residential Photovoltaic (PV) System Cost Benchmark: Q1 2020.” National Renewable Energy Laboratory, https://www.nrel.gov/docs/fy21osti/74461.pdf
“Solar Energy for Commercial Properties.” EnergySage, https://www.energysage.com/commercial-solar/
“The Impact of Photovoltaic System Adoption on Home Sales Prices.” Lawrence Berkeley National Laboratory, https://emp.lbl.gov/publications/impact-photovoltaic-system-adoption
“The Benefits of Solar Energy.” Environmental Protection Agency, https://www.epa.gov/energy/benefits-solar-energy#:~:text=The%20average%20home%20solar%20energy,offset%20the%20emissions%20of%20100%20cars .
“Residential Renewable Energy Tax Credit.” Internal Revenue Service, https://www.irs.gov/newsroom/energy-incentives-for-individuals-residential-property-updated-questions-and-answers#:~:text=You%20may%20be%20able%20to,200%20lifetime%20limit%20for%20windows).

Several Misconceptions About Solar Panels

Thu, 08 Dec 2022 22:08:38 GMT

Residential solar panels are a popular option for homeowners looking to reduce their energy costs and decrease their carbon footprint. However, there are several misconceptions about solar panels that can prevent homeowners from making the decision to go solar.

Misconception 1: Solar panels are not cost-effective.

One common misconception is that solar panels are too expensive and not worth the investment. While the upfront cost of installing solar panels can be significant, the long-term savings on electricity bills can offset the initial expense. According to the Solar Energy Industries Association, the average solar panel system can save homeowners up to $20,000 in energy costs over the course of its lifetime. Additionally, many states offer financial incentives and tax credits to offset the cost of installing solar panels, further decreasing the financial burden for homeowners.

Misconception 2: Solar panels are not aesthetically pleasing.

Another misconception is that solar panels are not attractive and can ruin the aesthetic of a home. While this may have been true in the past, modern solar panels are sleek and discreet, and can even be integrated into the design of a home. In fact, some homeowners even consider solar panels to be a design feature that adds value to their property.

Misconception 3: Solar panels do not work in cloudy or rainy weather.

Many people believe that solar panels are only effective in sunny climates, and therefore do not work well in cloudy or rainy weather. However, this is not the case. Solar panels are still able to generate electricity on cloudy days, and can even produce more energy on cool, sunny days. In fact, a study by the National Renewable Energy Laboratory found that solar panels in Seattle, a city known for its cloudy weather, can produce as much electricity as those in Miami, a city known for its sunny climate.

Misconception 4: Solar panels require a lot of maintenance.

Some homeowners believe that solar panels require a lot of maintenance and upkeep. However, this is not true. Solar panels are designed to be low maintenance and can last for decades with minimal upkeep. In fact, most solar panel manufacturers offer warranties of 20-25 years, and regular cleaning and inspections are typically all that is required to maintain a solar panel system.

In conclusion, the misconceptions about solar panels being expensive, unattractive, ineffective in inclement weather, and high maintenance are not true. The long-term savings, aesthetic options, ability to generate electricity in all weather conditions, and low maintenance requirements make solar panels a viable and cost-effective option for homeowners.

Citations:

Solar Energy Industries Association. (n.d.). How much can you save with solar? Retrieved from https://www.seia.org/initiatives/how-much-can-you-save-solar
National Renewable Energy Laboratory. (2007). Photovoltaics in cloudy climates. Retrieved from https://www.nrel.gov/docs/fy08osti/40892.pdf

US to extend Investment Tax Credit for solar at 30% to 2032

Fri, 02 Sep 2022 16:06:29 GMT

As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.This is a subtitle for your new post

In a surprise victory for the solar and clean technology industries, US Senator Joe Manchin and Democrats reached an agreement on a reconciliation bill, dubbed the Inflation Reduction Act of 2022. The bill includes $370 billion in spending for renewable energy and climate measures.

One of the most impactful provisions in the bill, which can be read in full text here , is the long-term extension of the Investment Tax Credit, which has been instrumental in launching the solar industry we know today. The bill calls for a 10-year extension at 30% of the cost of the installed equipment, which will then step down to 26% in 2033 and 22% in 2034. The tax credit applies to individuals adopters of solar technology.

The 30% credit also applies to energy storage whether it is co-located or installed as standalone energy storage. This enables the retrofit of a battery to a solar array while taking advantage of the credit.

One measure that was hoped for, but is not in the bill, was the “refundability” clause. Refundability means that if the tax credit value exceeds taxes owed on the year, it would be paid as a cash refund. This provision was not included, which hampers the value of the credit for some individuals. However, the credit can be rolled over to a following year.

There are also several “adders” for the tax credit depending on the type of organization, domestic product use, and project location. ROTH Capital Partners said that the investment tax credit could reach as high as 50% for some projects with the right adders applied.

The credit also includes the “direct pay” provision. This would allow a developer with little or no tax liability to treat the amount of credit as an overpayment of tax which would result in a cash payment refund in the amount of such overpayment being made to the developer.

“With long-term incentives for clean energy deployment and manufacturing, the solar and storage industry is ready to create hundreds of thousands of new jobs and get to work building out the next era of American energy leadership. This is a crucial window of opportunity that we cannot miss, and now Congress must seal the deal and pass this legislation,” said Abigail Ross Hopper, president of the Solar Energy Industries Association.

The bill is expected to head to the Senate floor for a vote as early as next week.

- Ryan Kennedy

Find Link To Article Here

Solar & Roofing Solutions in Orlando, FL

likeaboss.cb@gmail.com (Casey Boss) — Wed, 22 Sep 2021 17:05:42 GMT

Solar & Roofing

Sun Standard offers both solar & roofing solutions in Orlando, FL, and surrounding areas. If you decide to get a new roof along with your new solar system, you’ll get a bigger tax credit – a great way to help pay off your new system!

Rooftop Solar Panels

At Sun Standard in Orlando, FL, we’re the local experts at installing rooftop solar panels. Solar panels can generate significant electric bill savings for homeowners at any income level. Work with our service professionals to find the perfect fit for your home. Our quick and simple process will help guide you to the product that best suits your needs.
Sun Standard makes it easy for homeowners to begin the process of installing solar panels. Just submit your information on our website, and we’ll call you to discuss the project and see if you qualify for our program. You won’t need to pay anything to go solar. No ridiculous fees or down payments. No upfront costs of any kind. Once your panels are installed, you’ll start seeing real savings right away.

Zero down. Ownership. No liens. And savings! Talk to the experts at Sun Standard today and see how much you can save.

Roofing Solutions

We offer a variety of roofing solutions regardless of whether you’re ready to go solar or not. To get a quote, just visit our website and get in touch. We’ll review the details of your roofing project, give you a price quote, and then arrange to get all the necessary paperwork together so we can get to work. A team of experts will complete your roof installation and when we’re done, we’ll perform a thorough inspection to make sure everything is as it should be.

Whether you’re re-roofing, having work done for an insurance claim, or dealing with storm damage or other roof repair, our professionals will help you find the right roofing option for your home. Sun Standard takes pride in every solar & roofing job we work on, and we make sure our customers are satisfied with the results.

Contact the professionals at Sun Standard for help with all your solar & roofing needs. Visit our website at https://www.sunstandard.org/roofing for more information.

Duke Energy Florida Announces Three New Solar Power Plants

likeaboss.cb@gmail.com (Casey Boss) — Sat, 13 Mar 2021 22:55:10 GMT

All three solar power plants will be owned, operated and maintained by Duke Energy Florida and are expected to be finished in late 2021.

Duke Energy Florida (DEF) on May 29 filed the locations of its three newest solar power plants, which will provide cleaner, smarter energy solutions to benefit Florida customers.

* The Duette Solar Power Plant will be built on approximately 520 acres in Manatee County, Fla. Once operational, the 74.5-MW facility will consist of approximately 227,000 single-axis tracking solar panels, capable of producing enough electricity to power approximately 23,000 homes at peak production annually. Once completed, the estimated cost will be 42 cents per 1,000 kWh for a typical residential customer.

* The Charlie Creek Solar Power Plant will be built on 610 acres in Hardee County, Fla. The 74.9-MW facility will consist of approximately 235,000 single-axis tracking solar panels, capable of producing enough electricity to power approximately 23,000 homes at peak production annually. Once completed, the estimated cost will be 39 cents per 1,000 kWh for a typical residential customer.

View full article HERE

Solar investment tax credit extended at 26% for two additional years

likeaboss.cb@gmail.com (Casey Boss) — Sat, 13 Mar 2021 22:52:33 GMT

Dec. 28 update: The President has passed the federal spending package and all solar aspects are still intact.

Extended renewable energy tax credits have been included in a $1.4 trillion federal spending package alongside a $900 billion COVID-19 virus relief spending bill. The solar investment tax credit (ITC), which was scheduled to drop from 26% to 22% in 2021, will stay at 26% for two more years. The wind industry also received a limited extension of its production tax credit.

This means that solar projects in all market segments — residential, commercial, industrial, utility-scale — that begin construction in 2021 and 2022 will still be able to receive a tax credit at 26%. All markets will drop to a 22% tax credit in 2023, and the residential market will drop to 0% while the commercial and utility markets will sit at a permanent 10% credit beginning in 2024.

You can view the language updates for the commercial/utility market beginning on pg. 2439 and the residential solar market beginning on pg. 2448 here.

View full article HERE

Florida Power & Light electric bills will be going up in January

likeaboss.cb@gmail.com (Casey Boss) — Sat, 13 Mar 2021 22:49:02 GMT

TALLAHASSEE, Fla. – Customers of Florida Power & Light and Gulf Power

Will see slightly higher electric bills in January, after the state Public Service Commission on Tuesday approved a series of costs that will be passed along by the utilities.

FPL residential customers who use 1,000 kilowatt hours of electricity a month will see their bills go from $96.43 to $99.05, according to information released Wednesday by the Public Service Commission.

Gulf residential customers who use 1,000 kilowatt hours a month will see their bills inch up from $140.43 to $140.62.

Utilities commonly use 1,000-kilowatt hour bills as a benchmark, but actual electricity consumption varies widely.

The Public Service Commission held a hearing Tuesday on projected utility costs for such things as power-plant fuel. Those costs are revised each year and passed through to customers.

View full article HERE