Solar A Smart Investment For Retirement

Posted on Jul 12, 2017

older couple considering home solar with green solar technologies

Homeowners have many options when looking to secure a financial future for retirement, but many do not realize that installing solar for your home can be one of the smartest retirement options available.

Solar power reduces the cost of electricity to almost nothing and can free up thousands of dollars every year. Nationwide companies like Green Solar Technologies offer $0 down low-interest solar loans so homeowners can take advantage this investment strategy without a large cash down payment.

To ensure financial stability, homeowners planning for their retirement generally invest in lower-risk options. The unfortunate fact that many have discovered is that the markets can be unpredictable. Baby boomers have lived through several recessions, most notably in 2008, with more than a few of them losing their savings and pensions....

3 Reasons This Summer is the Year to Go Solar

Posted on Jul 11, 2017

Home Summer Solar Sale Green Solar Technologies

For those who have wanted to go solar for years but have held back for one reason or another, we have compiled a short but comprehensive list of why Summer 2017 is your year to “ Go Solar .”

Solar Incentives

If you were interested enough to click through to this blog, chances are you already know what a solar incentive is, but what you might not know is that these incentives—which are provided by the US Government, the state, and utility companies—are running out due to limited funding and time deadlines. Essentially, you better find out if you are entitled to any incentives or work with a solar company to see what you might qualify for !

Although every incentive offer...

SolarWorld Resilient Despite Challenges

Posted on Jul 5, 2017

Solar Installer SolarWorld Green Solar Technologies

As renewable energy is becoming more of a common-day commodity for home and business owners, the marketplace is opening up far and wide to quelch the demand for solar power. Dozens of companies are jumping on the bandwagon to be the provider of solar, creating stiff price competition to reach the most customers. In lieu of this race to take business, an increasing number of solar panels from countries like China are being sold and shipped to the USA at record low prices. These panels are so cheap that they are driving some American companies into insolvency competing against China’s enormous workforce, lax workplace laws, and low wages. This brings two issues to the forefront of American concerns.

How is the American economy affected as a whole by outsourcing its renewable energy systems? What are the implications of importing solar power generation systems?...

SOLAR POWER 101: Part 2

Posted on Jun 21, 2017

Chalkboard with Solar 101 written on it

By Geddy Friedman

SOLAR POWER 101 FAQ SEGUE:

In the last Blog, we discussed what solar power is, how it works, how a Solar Power Generation System (SPGS) is priced, the environmental impact of solar, and even the health benefits that result from every home or business that makes the transition to solar energy. In this Blog, we will divulge further into the concerns many have as they come closer to making that decision to GO SOLAR and stop paying their utility bills forever.

WHAT IF I WANT TO SELL MY HOME OR BUSINESS AFTER GOING SOLAR?

No problem! Your SPGS can be transferred to the new homeowners once the home sale is final. The person or family who buys your home or business is responsible for making the monthly payments as stipulated in your agreement with...

SOLAR POWER 101: Part 1

Posted on Jun 16, 2017

Chalkboard with Solar 101 written on it

By Geddy Friedman

SOLAR POWER 101 FAQ: INTRODUCTION

One thing is for certain—renewable energy sources like solar power are making waves across America as more home and business owners become aware of alternatives to endlessly paying utility companies for something they would essentially produce themselves. But because we are yet in the early days of the Green Solar Revolution , many are still confused about just what solar power is exactly and how it all works. So allow me to melt away some of the confusion and explain what this going green thing is all about. After all, solar technology is the way of the future and it will serve us all to understand and harness it.

HOW DOES SOLAR POWER WORK?

The Sun itself is the greatest energy source in the solar system....

Duke Energy Joins Utility Companies Raising Rates

Posted on Jun 7, 2017

DUKE ENERGY JOINS GROWING NUMBER OF UTILITY COMPANIES RAISING RATES BLOG IMAGE

Duke Energy Progress is proposing a likely 16.7 percent rate increase for residential customers in NC—a record hike since it was called Carolina Power & Light in the 1980s. If the rate increase is fully-approved, residential customers could see their bills increase from an average of about $105 to $123 per month, adding about $216 over the coming year in additional power costs. Commercial and industrial customers would see an increase of 13.5 percent. The average across all customers would be 15 percent by the start of the new year. The power company made the filing with the N.C. Utilities Commission last week. The review, hearings, and legal proceedings may last through the winter before the Utilities Commission issues a decision. Duke Energy Progress is asking the Utilities Commission for a ruling in time for the new rates to go into effect Jan. 1, 2018. This only...

What is Net Metering?

Posted on Jun 1, 2017

Net Metering 6.2.17.png

Understanding Net Metering

Let’s start with an exact definition. Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a PV system on the home's rooftop, it may generate more electricity than the home uses during daylight hours. In essence, net metering is a system of debits and credits that help your utility company even out your bills. Based on the difference between how much energy your solar panels produce and how much energy you are consuming, your utility bill either will be debited or credited. Credits build when your solar power system produces more energy than you are using and vice versa.

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