Homeowners have the opportunity to benefit from a 30% federal tax credit that can help reduce the taxes you owe. It’s important to note that this credit is not a direct payment but rather a valuable credit that can be utilized if you have sufficient tax...
Solar Renewable Energy Credits (SRECs) are a valuable perk that often goes unnoticed by those who are new to solar energy. For every 1,000 kilowatt-hours (kWh) of solar energy their system generates, owners receive 1 SREC. These credits can then be sold in the open...
In most cases, you will not make money selling extra solar production back to your utility. However, you will be compensated for extra production through a method called net metering. Many utility companies will compensate you with electricity credits which will be...
Solar panels come with a performance warranty that guarantees the efficiency will stay above a specified percent. These warranties range from 25 to 30 years, depending on the brand. Solar panels also come with a product warranty. These range from 12 to 25 years in...
Even when the sky is overcast, your solar panels continue to harness the sun’s energy, converting photons into electricity. While they may produce less power on cloudy days compared to sunny ones, rest assured that they are still generating free electricity for...
