Tag Archives: financial benefits of solar

Solar loans vs. solar leases

Reading Time: 3 minutes

So you know you want to finance your solar panel system, but one big question remains: should you lease your system from a company, or own your system and finance it with a solar loan? The answer here depends on a few factors, including your preferences, needs, and financial goals. 

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community solar pricing models

Community solar pricing models: what you need to know

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As you consider joining a community solar project, it’s important to understand how and when it will deliver value to you. This article breaks down the two main types of pricing models – ownership and subscription – in order to help you more accurately compare and decide between various offers.

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srecs

How do SRECs work? State by state solar renewable energy credits explained

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Of all the incentives for installing solar panel systems, solar renewable energy certificates (SRECs) are some of the most potent, yet least-understood. You may have heard enigmatic terms like “SREC markets,” “solar renewable portfolio standards,” and “minimum compliance payments” thrown around in discussions about SRECS, but sifting through of all this jargon can be downright mind-numbing. However, SRECs can provide sizable streams of money to owners of solar power systems, so learning about what SRECs are, where they are available, and how they can make solar more financially-rewarding can, quite literally, pay off in a big way. In this article, we aim to answer the simple question: “how do SRECs work?”

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key solar panel metrics

Key metrics for comparing solar panels: PTC solar, STC rating and temperature coefficient

Reading Time: 6 minutes

So you’ve made the decision to go solar. Well done! If designed right, a solar power system is a great, long-term investment with both financial and environmental benefits.

solar panel quality and performance energysage

Choosing the right solar panels is one of the most important steps in designing your solar power system. There are hundreds of options, and while all panels are designed for one purpose – to convert sunlight directly into electricity, not all panels are created equal. Different solar cell technologies and the quality of manufacturing can impact the performance of your panels. For these reasons, comparing solar panels and finding the right one to meet your specific system needs can sometimes be a complicated task; but, it doesn’t need to be.

In this article we’ll explain important metrics like PTC power rating, STC, degradation rate, efficiency and temperature coefficient.

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Will joining a community solar garden save you money – or foster ‘community’?

Reading Time: 5 minutesCommunity solar gardens

Don’t have a roof of your own to put solar panels on? So-called community solar gardens have begun to appear in many states across the USA, promising to make it easy to go solar even if you don’t have anywhere to put your panels. ‘Community solar’ has created quite a buzz as the number of solar garden projects has grown.

But we here at EnergySage argue that participating in a solar garden only makes sense if you’re benefitting in some way: whether that be saving money on your power bill, or possibly just knowing that you’ve helped your community take a step towards energy independence.

Community solar gardens: How to go solar without a roof

EnergySage has published a number of articles on the topic of community solar power. You access them with the links below:

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Net-Metering: The Back and Forth of Solar Power Systems

Reading Time: 2 minutesAs the owner or lessee of a solar panel system, you are entitled to the electricity it produces free of charge. Throughout the year, though, the electricity your solar panels produce will vary—sometimes you may produce more than you need and at other times, not enough. The practice of “net-metering” helps to even out how these peaks and valleys in electricity production affect your electricity bills. Here’s how it works:  Continue reading