10 Reasons to Go Solar

10 Irresistible Reasons to Go Solar

10 Reasons to Go Solar

Solar energy is the power provided by the sun, harnessed through technology called photovoltaic (PV) cells, which turn sunlight directly into electricity.

For a layman’s description of the “photovoltaic effect,” when sunshine hits the PV cell, the photons of light excite the electrons in the cell, causing them to flow and generate electricity.

Homeowners around the country, and cities around the world, are installing solar panel systems on their roofs to take advantage of this clean, renewable way to generate power.

So why should you go solar? How does it benefit you?

Here are 10 of the top motivations for homeowners and business owners–and even some renters–to make the switch from traditional electricity to solar power.

 

1.)    It’s good for the environment.

Unlike conventional power, solar produces no harmful emissions that hurt the environment. It’s a clean, renewable process that uses the most natural of all resources: the sun.

Even the energy used to produce the PV cells is paid back soon after. Depending on the type, Energy Pay-Back Time (EPBT) for PV and CPV systems is estimated to be between 0.5 and 1.4 years. After that point, it’s all renewable, all the time.

In the U.S., fossil fuels are used to generate 68% of the electricity we consume, and the resulting emissions from the combustion of those fuels aren’t good, including:

 

  • Carbon dioxide (CO2) – a greenhouse gas which contributes to global warming
  • Carbon monoxide (CO)
  • Sulfur dioxide (SO2) – causes acid rain, which is harmful to plants and to animals that live in water, also exacerbating respiratory illnesses and heart diseases
  • Nitrogen oxides (NOx) – contributes to ground-level ozone, which irritates and damages lungs
  • Particulate matter (PM) – causes hazy conditions in cities and scenic areas. Coupled with ozone it contributes to asthma and chronic bronchitis
  • Mercury and other heavy metals – hazardous to human and animal health

 

Compare all that with the emission-free technology of solar energy and solar becomes the obvious solution.

Solar Energy Spill

 

2.)    It’s a solid home investment.

It’s fair to say that many of the home improvements that you will make won’t add quite the equal value to your house as the money that you put into them.  Solar energy, on the other hand, will save you money from your energy bill each month.  

In addition, the investment that you make in solar, will add its exact property value–or more–to your home, should you decide to sell it later on.

A study by Lawrence Berkeley National Laboratory in California showed that across the board, buyers were willing to pay $15,000 extra for a home with an average-sized solar panel system. Not only is this likely to amount to more than your original investment, it’s a return on investment that is in addition to the money you have saved on energy all the while that you owned the house.

 

House Sale Info

 

In a challenging market, solar panels can even be the difference in selling your house or not, an added bonus that gives potential buyers a reason to consider your house over others as their next long term home.

Additionally, in most states solar panels will not increase your property taxes. 38 states currently have property tax exemptions that exclude the added value of a solar panel system from being considered in the valuation of a property for taxation purposes.

 

3.)    Solar Energy systems are durable.

Solar panels have no moving parts, and so are not damaged easily.  This lowers the chance for an interruption in service.

All solar panels are exhaustively tested to ensure that they can withstand high winds and extreme weather conditions, such as hail and heavy snowfall. Every solar panel used by skilled installers such as 1st Light is guaranteed to be as strong or stronger than your roof itself.

Even if something should occur that damages your solar panels, most systems come with a 30 year warranty, guaranteed by the original installer, that covers serious damage to the panels.

 

4.)    Solar can actually make you money!

Some states, the Renewable Portfolio Standard (RPS) requires electricity suppliers to secure a portion of their electricity from solar generators. Rather than investing in systems of their own, in applicable states this has resulted in what is called an SREC market. Solar Renewable Energy Certificates (SREC) are created for every megawatt-hour of solar electricity created. So if your system is consistently generating more energy than you are consuming, you have the opportunity to sell that energy back at a premium.

Every state’s program is different, with the value of an SREC determined by the market and subject to supply and demand constraints.

  • New Jersey’s SREC market is the largest in the nation, with recent market prices among the highest on record.
  • Massachusetts has two separate SREC markets to help bridge the state’s goal of installing 1,600 MW of solar capacity by 2020.

 

In most other states, even those that are not yet participating in an SREC market, any excess solar energy that was generated but not consumed can be pushed back onto the grid, to be sold back to the electricity provider. Many utility companies are required to purchase this excess generation, even if it is usually bought at a reduced rate.  

SREC Facts

This form of extra income brings us to the next big reason to go solar…

 

5.)    Solar could help you afford that home improvement you’ve been wanting.

Installing a home solar system offers an opportunity to design other home improvements with that addition in mind. For instance, some people consider a swimming pool or hot tub with renewable energy in mind. According to a report from the National Resource Defense Council, pool owners typically pay $500 more per year in energy bills. By combining the two home improvements, your solar system can be designed to cover the extra energy usage, using one investment to pay for the other.

Plus, remember the money you’ll be saving on electric bills and it all adds up to enough to make whatever home improvements you desire. There aren’t many home improvements that cost less than a solar panel system or are subject to tax credits from the government, and none of them save on monthly costs, instead often costing more. No home improvement can be more worth your money than a renewable energy system.

 

6.)    Solar has a fixed energy cost.

Electricity from utility providers is never guaranteed a set price, rising and falling seemingly without cause or effect. And without any other option, consumers have no choice but to pay whatever the current price is.

Electricity Price

The cost for a solar system, on the other hand, remains the same. If you choose to lease or finance your system, then you have a set, minimal monthly payment that replaces your electricity bill. If you purchase your panels in full, from then on your energy cost becomes $0.

That’s right, $0.

 

7.)    Being ahead of the curve.

The signs are everywhere. Even pushing against the agendas of fossil fuel companies and dirty energy generators, the future of energy is renewable and clean energy.

For the first time in 2016, renewable energies will make up most of this year’s additions to the power grid. Solar, natural gas, and wind together make up 93% of the total  26 gigawatts (GW) of utility-scale generating capacity that will be added this year.

The U.S. has risen to the 4th highest usage of solar PV power, still lagging far behind China, Germany and Japan in cumulative solar capacity. And just as with any major change, every person, every step helps!

Global Solar

San Francisco is one such step toward sustainability, as it recently voted unanimously on a city ordinance that would require all new buildings to have solar panels. It is the first requirement of its kind in the United States, following the lead of France from the previous year.

By converting to solar energy now, you have the chance to be one step ahead, to join the innovators and trailblazers around the world.

 

8.)    You can use your Solar Energy all day.

One of the many myths about solar power involves perceived limitations on the energy-generating potential of solar panels. Solar energy is generated from daylight, not sunlight. So even on cloudy, rainy days, your panels will be working to produce energy. All that energy accumulates in the morning and afternoon hours, the whole time that the sun is up, producing more electricity than you can use.

Currently, all solar energy providers keep you connected to the grid. So any excess energy is pushed back onto the grid, actually causing your utility meter to spin backward, crediting your account. Then, in the evening hours, you will be using the credited energy from the meter. This excess energy does not expire and is similar to rollover minutes with your telephone company.

 

9.)    Solar Energy is cool!

Let’s face it, what’s cooler than the sun powering your home?

And that is quite literally true. One study by UC San Diego Jacobs School of Engineering found that PV panels act as “roof shades” to keep buildings cool, in addition to supplying them with clean power. This makes sense. Solar panels soak up the sun’s rays, directing them away from the roof, whereas a roof without panels would allow heat to penetrate through it into the inside of the building.

When calculating the amount saved on cooling the building, the research team found that it was equal to getting a five percent discount on the solar panels’ price of the lifetime of the system.

But the “cool factor” is ever-present with solar energy too.

Just look at the world’s first solar road, opened in the Netherlands in November 2014 and performing even better than expected. In its first six months it produced 3,000 kilowatt-hours of energy, enough to power a single small household for a year. Plus, it was built specifically for bike traffic, and has welcomed hundreds of thousands of cyclists along its energy efficient path.

The application of solar power is limitless! Ever need energy in hard to manage places? Solar to the rescue!

And since your house is the single biggest consumer of energy you will ever have, why not start there, standing out in the coolest way under the sun?

 

10.)  Either way, you can’t keep the money.

Whether you’re spending money to make an investment in solar energy, or giving that money to your utility provider, it is still money that is being spent. Deciding to go solar is very much similar to deciding to purchase a home.  You can invest in yourself and take control of your energy costs, or continue to pay your utility provider for rented energy monthly, owing them frequent payments and remaining subject to their fees and requirements.

Every step towards independence, from owning a home to controlling your energy, gives you the freedom to make additional choices about how you live and own your own life. Going solar, purchasing a solar energy system for your house, is a way to invest in yourself and your family, and makes a big statement about how you choose to spend–and consume–your resources.
Just think…this could be you!

 

For more information call us at:
1-866-83-SOLAR

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www.1stlightenergy.com/request-a-quote/

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What's in Your Solar System

What’s in Your Solar System

What's in Your Solar System

The key components of any Solar System are dependent on whether it’s mounted on your roof or on the ground. For roof mounted systems, there are 3 parts:

  1. The mounting system – this includes the foot jacks that attach to the roof and the racking systems that support the solar panels
  2. The panels – this includes the attachments to the racking system and the wiring necessary to move the DC current to the inverter(s)
  3. Inverters – this part converts the DC current generated by each panel into usable AC current. Some systems have a single inverter, where each panel is connected to a central wire and fed into the inverter, and the current is converted to DC. Some systems have micro-inverters on each panel, which means that every panel is sending AC current to the electrical box
  4. Wiring to and from the Electrical Box – this includes all wiring from the box to the meter and the shut off switch, connecting through conduits to the inverter or the panels on the roof

For ground-mounted systems, the parts are similar except for the addition of several support poles that hold the panels above ground. Additionally, most ground mount systems require an underground trench so that wiring from the panels can be connected to the Electrical Box without being exposed to potential damage.

These components can usually be installed in 2-3 days, but the system is not fully operational until all inspections (state, local, utility) are complete.

Why is Now Such a Good Time for Solar

Now is a good time to go Solar

 

Why is Now Such a Good Time for Solar

Despite some of the bad publicity about a few Solar companies, specifically Solyndra, the industry overall is very healthy and provides significant financial and environmental benefits to homeowners and businesses.

There are 3 good reasons why now is a good time to go Solar – it’s all about saving on your utility bills.

  1. You can save immediately on your electric rate, and lock these rates in for 20 years with a Power Purchase Agreement! This is very attractive when utility rates continue to climb at 3-5% per year
  2. Current Lease and Power Purchase Agreements do not require an upfront investment – a huge hurdle for many
  3. Panel prices have come down significantly and Financing companies can pass this on to homeowners

The two most common ways for homeowners to go Solar are through a standard Lease or a Power Purchase agreement. A Solar lease means a homeowner will have the system installed on their roof, or in their yard, and a pay a flat monthly rental fee for the use of the electricity generated by the system. A Power Purchase Agreement means the homeowner agrees to purchase the power generated from their roof at a lower cost (per KWh) than the utility provides, and lock in these rates for 20 years or more. This ensures the homeowner will have a hedge against utility price increases for many years.

So, there’s never been a better time. If you and your home qualify, it makes perfect sense to go Solar! Why do you want to go Solar?

Solar Financing or Purchase Options

Solar Financing or Purchase Options

Solar Financing or Purchase Options

With all the options available today for designing and installing the right Solar System for your home, there are really only 3 considerations for Solar Financing or Purchase Options. These are:

  1. Purchase – depending on your tax and cash flow status, this may the best option. The average cost of a system is $25-30K, so be prepared. You will immediately receive a 30% Federal tax credit, and will also see the most significant reduction in your utility bill. Depending on the size and configuration of your system, the payback period is usually between 5-7 years. However, after that you will have free electricity for as long as the system is in operation, usually 20-25 years or more.
  2. Lease – this is a standard agreement where the homeowner pays a flat monthly fee for having the ability to use power generated from the system. There will be immediate savings on your utility bill, and those savings will increase in future years because the of the typical utility company rate increases of 3-5% per year. Also, the homeowner usually has the option to purchase the system at a fair market value, if it makes financial sense to do so.
  3. Power Purchase Agreement – this is a relatively new option, and is similar to a lease. The difference is that the homeowner agrees to purchase electricity generated from the solar panels at a reduced rate, instead of from the utility. The PPA also allows homeowners to lock in their rates for the length of the agreement (typically 20 years or more), so they have a hedge against the typical utility company rate increases of 3-5%.

With each of these options, the home must qualify by (1) being relatively free of shadows to allow the maximum amount of the sun’s rays at all times of the year, and (2) having few obstacles on the surface of the roof so there can be an optimal number of panels. Either way, it’s a great time to install Solar, so you can generate a lifetime of savings!

St. Benedict Solar School

St. Benedict School

St. Benedict Solar School

Congratulations to the entire St. Benedict school team for successfully completing this large-scale project on extremely short notice! In mid-November the approved installer decided the job was too much to handle and bowed out. Cathy Warshaw, Business Manager at St. Benedict’s, called 1st Light Energy to see if we could complete the job before February 25th, and our team went into action. According to Fred Rhodes, VP of Operations, “everyone on the team worked long hours and overcame many obstacles to get the job done!” Cathy was full of compliments and praise for the quick turnaround, “you did anything it took to get the job done by the deadline”, thus saving her organization about $100K in SREC awards from Jersey City Power & Light (JCP&L).

The system is 255KW (910 panels for the rooftop and ground-mount combination) and will immediately reduce their electric rate from $0.15/KWh to $.09/KWh. These savings will increase significantly throughout the life of the system. In order to meet the tight deadline, the key issues were:

1. New installation drawings (from scratch – reengineering) and new Civil Engineering approval
2. New School roof – approved roofer to put 300 mounting points on a PVC roof (good thing for warm weather) – during Christmas vacation
3. Long lead time for a state-of-the-art ground mount system (ground screws vs. drilling in a concrete post) – arrived last Friday 
4. Township approvals – tree commission, major zoning variance through the Committee, permits, etc.
5. New switchgear for their electrical system to accommodate the increased load from the system

Read more in this article http://matawan-aberdeen.patch.com/articles/st-benedict-s-solar-panel-project. Again, congratulations to all who made this happen.


Holmdel, NJ