Consumer

NEM 3.0 in California: What does it mean for Solar and Storage Consumers?

NEM 3.0 in California: What does it mean for Solar and Storage Consumers?

The new NEM 3.0 would reduce the value of NEM credits dramatically, a 75% or more reduction to about $.08/kWh. For new solar customers, this cuts expected savings by 50% or more and extends the average payback period from 5 years to 9 years. There are new incentives for customers to include a battery with their solar system. Using excess solar energy to charge a battery and strategically discharge it during times of peak grid stress can receive higher NEM credits.

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Inflation Reduction Act of 2022: What are the benefits for a household?

Inflation Reduction Act of 2022: What are the benefits for a household?

On 16th August 2022, President Joe Biden signed the law on Inflation Reduction Act of 2022. The Inflation Reduction Act focuses on fighting inflation, lowering costs of medical prescriptions for senior citizens and, most importantly, pushing the domestic clean energy industries so that the U.S. can reduce its carbon emissions by 40% by 2030.

However, even after listening to the news and reading articles, all Americans have the same question: What does the Inflation Reduction Act do for me?

Here are seven benefits of the Inflation Reduction Act of 2022 for an American household.

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Is Solar a Scam?

Is Solar a Scam?

Here are two ways you can put into action today to confirm that your solar investment has not been a scam and you are getting exactly what you were promised.

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Effects Of EV Vehicles Growth On The Solar Industry

36% of solar owners are likely to own an electric vehicle. Solar power is by far the cheapest source of electricity to charge EVs at home, so no wonder that is the trend. The last decade has seen phenomenal growth in the EV (electric vehicles) sector. From merely...

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What are the Financial Benefits of Using Solar Power?

What are the Financial Benefits of Using Solar Power?

Summertime brings opportunities for solar power customers to save as in recent years solar has become one of the most affordable sources of energy. Customers aid in the climate revolution of utilizing renewable energy but are they also saving their wallets alongside the planet? Financial returns and lower monthly utility bills are major incentives for going solar. Customers don’t have to wait years to find out the return on their investment in solar.

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Homeowner Benefits of Solar

Homeowner Benefits of Solar

Customers must look at all of this data combined in order to make a decision between two different or competing proposals. Each design or proposal may use different assumptions for the system design, energy generation, and energy costs over a 20 – 25 year timeframe.

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