Although solar technology battery storage has improved. It is still a cumbersome business. There have been innovations such as the ‘Powerwall’ Tesla battery, but although these batteries are now available, they’re hardly affordable for the majority of consumers. Setting up batteries to store solar energy isn’t really necessary, a grid tie inverter will send any excess solar energy to the grid. In the process, it actually ‘turns back’ your meter – so in effect, you are ‘selling’ power back to the grid. Then, if there have been a few rainy or overcast days, you can still tap into the grid. You use power from the grid and when the sun is shining again, your meter turns back as you produce extra energy. It’s a really neat arrangement with a really neat name: ‘Grid-connected Renewable Energy Systems’.
Don’t lose your Utility Rebate:
Yes there is a cost to getting the battery installed in your home. You have to purchase the battery and pay for the installation. However, there is also a hidden cost. The cost of lost Utility Rebate and the inability to sell back (Or purchase) excess generated power. In the North Texas area that 1 Solar Solution services (Dallas, Fort worth, Plano, Aubrey, Frisco, Allen, McKinney, The Colony, Lewisville, Little Elm, Irving, Arlington, Mesquite, Richardson, Carrolton, Garland and surrounding areas) you may qualify for a Utility Rebate to help pay for the system. The rebates can range from $1,000 in regulated markets to as high as $10,000 in ONCOR markets. These rebates are a way for the Transmission and Distribution companies to incentivize its customers to go green and help take the load off of the power lines. If you choose to come off the grid entirely, you may not qualify for these rebates, thus making the cost of the system from $1,000 to $10,000 higher! The US Department of Energy is going all out to promote energy efficiency and the use of renewable energy with a range of incentives and rebates. That’s good news for renewable energy, the environment and the consumer. It’s a literal way of saving up for a rainy day. In terms of metering, there are two systems Net purchase and sale and net metering. The latter is better, because in essence, you get the retail price of your electricity back from your provider when you use energy from the grid. There’s a little bonus in it for you if you generate more energy than you use, too. Some providers will pay the wholesale price of this extra power back to you. Check if you can carry over your balance at retail value since most of us need a bit of extra electricity in winter. Grid tie solar systems ensure that you’ll never be out of power and you get to overcome the problem of storage batteries and limited storage capacity.
Will I need extra insurance?
Probably not. Most homeowners already have on average $100,000 in liability insurance. The chances of your home solar installation actually causing any damages that will place you in a position of liability are miniscule, but it’s good to check on this aspect just to be safe. Your solar power provider will be up to speed with all legal requirements and should be able to fill you in and answer your questions. Check if there are any permitting fees and charges. These vary between power providers.
Solar powered businesses:
The United States’ plans for solar energy are big, and since industry uses so much electricity, businesses aren’t getting left out of the movement. Small and large businesses alike are moving to solar energy to save costs. Solar technology has become cheap to install and pays for itself quickly. It’s also a good green marketing angle that organizations can use to boost their corporate image. By making it possible to sell power back to the grid, US policymakers have added an additional incentive that transcends the old fashioned notion of battery storage with a far more efficient and reliable solution. Would you like to know if Solar Panels are the right investment for your home or business? Let us create a free, fully customized proposal for you. Within our proposal, we will provide you all of the information you need to make an informed decision! Call us at 1855-60-1SOLAR (601-7652) or visit our site at http://www.1SolarSolution.com
