According to a new report from the Pennsylvania Department of Energy, the solar industry in Pennsylvania will not only feel the impact of tariffs on solar panels built abroad, but will also be unable to install solar panels in the state.
On Thursday, April 19, the Pennsylvania Public Utility Commission (PUC) took an important step forward by removing a long-standing barrier that has prevented solar projects from being built in Pennsylvania. In 2013, the Puc introduced the bipartisan Act 40, which requires that all solar projects - valued in the US at at least $1.5 million - be built outside Pennsylvania, and that low-income residents not sell credits generated by solar energy production to energy companies. The law also allows utilities to buy loans from the electricity markets of the 13 states, including Pennsylvania, to meet the state's goal of 0.5 percent solar power by 2020. But the value has dropped to $14 per loan for Pennsylvania and some states, and to as little as $5 per loan in some, according to the report.
Form EIA 860, figures showing the estimated payback and break-even period for solar projects in the US over the next 10 years.
It depends on a number of factors, and it is impossible to give an accurate, all-encompassing answer. The cost of a solar system can vary based on factors such as the size of the system, the watts to install, the available solar cells and other factors. All these factors can influence the price, but not all cause a payback period of 10 years.
That said, one of the most advantageous decisions a homeowner can make when it comes to getting the highest return on their investment has been proven. If you are interested in speaking to a solar energy expert in Pittsburgh, PA, you can contact us to arrange a completely free consultation and cost estimate. To learn more about the cost of a solar system and the benefits of Atlas Solar Innovations, we can arrange free consultations and quotes for you. While you're still considering our solar energy solutions that can be offered by our contractors, please read our most frequently asked questions below and read on to get answers.
Atlas Solar Innovations "trained professionals take all necessary precautions to prevent foreseeable problems with your solar system from arising in the future due to factors such as roof damage or tree growth. You can discuss the solar panel you are interested in with a local Pittsburgh solar energy company that provides free consultations and quotes. We are sure that you will love the information you receive and the savings that our professional solar energy companies can offer.
Atlas Solar Innovations, we strive to help as many homeowners as possible take advantage of solar energy. In rural areas, solar and energy systems can represent a great opportunity to be energy independent. Community Solar enables the installation of a solar panel on residential or commercial property for low-income homeowners. Families and businesses that cannot install their own solar panels do not have meaningful access to solar energy.
Pennsylvania offers subsidies for alternative energy installation, including the Pennsylvania Renewable Energy Tax Credit (PREC), the largest government subsidy program for renewable energy. Without the ability to produce their own clean renewable energy, nonprofits will be excluded from these subsidies and their access to clean, affordable, and reliable energy sources will be limited.
That is one of the reasons Global Links responded to the Pittsburgh-based initiative of the Pennsylvania Solar Center, a nonprofit that helps organizations find ways to use solar energy. Garcia said, "When we learned that the PA Solar Center would be based in Pittsburgh and help nonprofits develop solar energy, we joined the founding cohort to explore options. The Pennsylvania Solar Center is launching its 2018 effort, and Global Links is working with them to develop a plan for organizations that use solar energy and find a way to pay for it.
The $5 million project was completed by Scalo Solar Solutions, which also installed solar panels in a parking lot in Hazelwood Green. This was made possible by financial instruments offered by the installer Scala Solar solutions, LLC.
SolarCity offers homeowners the opportunity to lease the solar modules installed on their homes or to buy energy directly from the company and to obtain energy from SolarCity.
Vivint Solar enables customers to make significant financial savings over time. Vivint designed and installed the system to enable customers to enjoy the benefits of affordable renewable solar energy. A solar-powered home in Pennsylvania would be self-sustaining, bringing a net profit of $21,369. Homeowners and small businesses also benefit from a reasonable sum of more than $100 million through the Pennsylvania Sunshine Solar Program, which provides rebates to subsidize the cost of installing photovoltaic and solar thermal systems.
Switching to solar energy can be a significant investment, so keep the big picture in mind. New solar systems flow free from the grid and produce the same energy you get from your current supplier. Solar power is now so cheap that you don't even know you're off - use grid or solar power until you go outside and see your meter turn.