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Over the past several years, the U.S. solar energy industry has grown immensely. At the same time, the costs for adopting photovoltaic power have plunged, making home PV systems much more affordable. Those widely known facts may not seem all that remarkable. But some lesser-known statistics about solar power might just surprise you. No. 1: Solar Energy Reaches a Record Low Price When it comes to global energy prices, fossil fuels have always come out on top. Historically, coal has averaged $0.06 cents per kilowatt hour (kWh). Fossil fuel steam typically costs roughly $0.05 cents/kWh, and small-scale natural gas may go for as little as $0.03 cents/kWh. As for renewables? Not even close to those prices. However, at the end...
Across the country, commercial solar power is helping increasing numbers of auto dealers save money. Reducing energy costs is important for dealerships, as electricity is one of their largest overhead expenses. In fact, automotive dealers use about 18 percent more energy per square foot than the average office building. Efficiency upgrades can help cut energy consumption, but installing a solar power system can make a big dent in dealership operating expenses. Auto Dealers Save Money with Commercial Solar Every day, automotive dealerships use HVAC systems, electric motors — including hydraulic lifts, compressed air systems, bay doors, pressure washers, paint booths and vacuums — and massive amounts of interior and exterior lighting. A building automation system (BAS), or energy management system,...
Solar panels come in a range of sizes and weights, depending on the manufacturer. However, most brands of photovoltaic (PV) modules have similar measurements. But unless you’ve examined them up close, it can be difficult to understand solar panel size and weight. Before planning a photovoltaic installation, do a little sleuthing to determine whether your rooftop can support PV modules. How Big Are Solar Panels? On average, residential PV modules are about 65 inches by 39 inches or 5.4 feet by 3.25 feet. Each module typically contains 60 solar cells. Commercial photovoltaic modules are slightly larger. Standard models generally measure 78 inches by 39 inches or 6.5 feet by 3.25 feet. Commercial PV panels usually contain 72 solar cells. Although...
Is now the time to go solar? If you live in Utah, the answer is a resounding yes. Wait too long to plan your photovoltaic installation, and you may miss out on some of the lucrative financial incentives and benefits of making the switch to home PV power. No. 1: Phasedown of the Utah Solar Tax Credit The Utah solar investment tax credit (ITC) will give you back up to 25 percent of your total home PV costs, with a maximum tax liability reduction of $2,000 — but only if your photovoltaic system is in operation by the end of 2017. If you wait to go solar, you won’t be eligible for as much of a tax credit. Each year, starting in 2018, the maximum Utah tax...
Are you ready to make the switch to solar power? With an experienced contractor like Intermountain Wind & Solar, the process is simple. However, adopting photovoltaic power requires a little planning. What do you need to do? Step 1: On-Site Solar Power Consultation When you’re ready to get serious about adopting solar power, our professional team will visit your home to conduct a free, in-person energy consultation. We’ll look at your electricity usage, and if you like, suggest easy tips for improving your energy efficiency. We’ll also evaluate your property to determine the optimal space for a solar installation. If the rooftop isn’t suitable due to shading or inadequate support, we’ll consider a ground-mounted PV system. During the consultation, we’ll address any questions...
Are you planning a rooftop solar installation? Your professional photovoltaic contractor will take care of almost everything for you —going solar really couldn’t be much easier. However, by taking a few simple steps, you can streamline the process and start cashing in on the sun’s free energy even faster. Make Sure Your Roof Is Ready for Solar Installation Before scheduling a consultation with a professional photovoltaic installer, have a roofer inspect your rooftop. Is it structurally sound and in good condition? Solar panels are made to last for several decades, so you need to make sure that your roof will last at least that long. Otherwise you could end up having to remove and reinstall your photovoltaic system just to fix a roof leak — a costly endeavor....
What type of coverage does a solar panel warranty provide? Most photovoltaic panels perform without a hitch for decades. However, every now and then, a module may have a problem. Issues aren’t common, and a single damaged panel won’t stop your system’s electricity production. But just in case something happens, it’s helpful to know what’s covered under your warranty. Solar Panel Equipment Warranty Solar panels actually have two warranties — a product or equipment warranty, and a performance guarantee. The photovoltaic panel product warranty covers the construction and integrity of the module. If you notice any manufacturing defects or premature wear and tear of the materials, this warranty should provide coverage. Most manufacturers offer a 10-year product warranty from the date of solar module installation, though...
How long will it take your solar energy system to reach the break-even point? Some people think that the payback period for photovoltaic panels is well over a decade, but it’s not. Though the return on a solar power investment can vary, most installations start earning a profit in just a few years. But you don’t have to take our word for it. With a little simple math, you can calculate your own solar payback period. Determine the Total Solar Energy System Cost First, you need to figure out your photovoltaic system cost. Add up the price for your solar energy installation — include the photovoltaic panels, inverters, mounting components, wiring costs, labor expenses, financing charges and permit fees. Let’s say your total is $16,000. Next, add...
The Utah solar tax credit is unfortunately coming to an end soon. Just like the federal solar investment tax credit (ITC), this state-level financial incentive for installing a home photovoltaic system is being phased out over the next few years. So that means you have to act quickly if you still hope to take advantage of it. 2017 Is the Last Year for the Maximum State Tax Credit The Utah solar tax credit allows you to claim up to 25 percent of your total home PV system and installation costs or $2,000, whichever is greater. And you can claim this credit on more than one system, as long as each is used to power a home that you own. But the only way to qualify for this impressive total...