Congress has passed, and the President has signed, the new appropriation bill into law that also extended the 26% Investment Tax Credit (ITC) through the end of 2022. The Federal ITC has been in place since 2005 and has played a major role in the adoption of solar energy across the country. The credit has [...]
In early 2021 we will have a new administration in Washington DC that has pledged to be more involved in advancing renewable energy systems around the country. The question that I often get is how will this play out here in Colorado? While no one has a crystal ball, I believe it is very [...]
The federal earned income tax credit ITC has been in place since 2005 and has played a major roll in the adoption of solar energy across the country. The credit has allowed homeowners and commercial entities to deduct a significant portion of the cost of their solar system installation from their income taxes, which made [...]
QUESTIONS ABOUT THE BID/CONTRACT 1. Is this bid an estimate or a fixed price? What is the process you will follow if you find unexpected problems with this installation and want to charge extra to fix the problems? 2. Does the bid include the total cost of the project, including components, materials and labor? 3. [...]
With financing, like with the Solar Photovoltaic system itself, their is no one size fits all. The financing package that you pick is custom designed to meet your needs, your expectations, and perhaps your equity position in your home. In general, solar financing falls into 3 basic categories: 100% of the cost wrapped into your [...]
How does a Photovoltaic Solar system investment make you money? 1.Free Electricity - Once the solar system is paid off, in about 8-10 years, it will save you tens of thousands of dollars over the life of the system. (25-40 year system life) 2.Federal Tax Credit - Refunding 26% of every dollar investing in building [...]
Xcel makes it very confusing to understand the electric bill once you install a Photovoltaic system, so you are not alone in feeling baffled by how it is represented. Let me trying to help put the pieces together, and explain how they do the billing. Xcel’s labeling is a misnomer so lets decode that first:“Total [...]
The answer is yes and no. No you can not likely afford enough batteries to power your entire home if the grid is down for a week; but yes you can power the Critical Load items of your home or business from a Photovoltaic Battery Back-up system. If we use a 10kW photovoltaic system as [...]
Adding solar PV to your structure typically will not lower your natural gas bill, just your electric bill, but one does have the opportunity while sizing the solar PV system to make changes to how you use energy that will lower the natural gas bill. If you know that your gas hot water heater is [...]
The difference between a kilowatt (kW) and kilowatt-hour (kWh) is the most misunderstood topic of understanding electricity and how we measure power and consumption/production. Both concepts are referenced when talking about a photovoltaic solar system and important to understand before buying a solar PV system. kW measure power, it represents the actual electrical size of [...]
