Posts Tagged "net-metering"

Why Spring is the best time to invest in solar…

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Why Spring is the best time to invest in solar…

For many, the end of the year looks like a juicy time to invest in solar. You can squeeze in those tax credits to cover what you owe and make the books look nice and balanced for the coming year. For some this type of thinking isn’t even on the radar. However, when we use a renewable source of energy, the natural cycles come into play in a big way. Everyone who is thinking about going solar, or looking at the state of their solar credits should understand these cycles. Vermont Community Solar makes going solar so simple that many participants forget that their power is actually being generated by the sun. Here’s the scoop… Buying VCS panels is like buying stock in the sun except this market never crashes. It is always in the positive and will always make you money. How much money depends on the season. To put it simplistically, in the stock market, you buy low priced stocks, sit back, watch them grow, and sell them at a higher price. There are similarities when going solar. While the sunshine market is much less volatile, you will see your solar credits grow throughout the summer and dip in the winter. Knowing these cycles is useful when investing in solar. If you buy panels in the fall, you will have minimal return until the following spring when the sun rises higher in the sky and the days get longer. If you buy panels in the Spring, you will watch your return rise to its peak in the Summer. Starting out in the green (or the most green) can be helpful when taking the financing option. This way, you will start out with the maximum amount of credit to weather what minimal volatility there is throughout the year. So, buy panels in the spring and watch your electricity bill dissolve in the...

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PV America Award

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PV America Award

On Monday we were recognized by PV America as having a “Project of Distinction”. This project is the Vermont Community Solar project in Brattleboro, VT: Soveren Community Solar 1. It was recognized for its dedication to local labor and financing, as well as its working relationship with two organizations in Brattleboro, the Vermont Agricultural Business Education Center and Brattleboro Savings & Loan. Without the support of these organizations, this project would not have been possible. Also, thank you to PV America for the chance to bring Vermont Community Solar to a wider audience.                   Read the Press Release here....

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Petition for Free Market Solar in FL

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A campaign sparked by Floridians for Solar Choice, has received 100,000 signatures. If put to ballot, and voted into law, Florida residence could buy and sell the energy they produce on an open market. Thus, eliminating the monopoly of electric companies. Currently under net metering laws (such as we have in VT), residents can exchange the power they produce for credit on their electric bill. However, all transactions of this kind are filtered through the utility and subject to company policies. If this door were to open, residents could sell their excess power to anyone, tenants, neighbors, churches etc. These would not have to be solar “credits”. On an open market, people could openly sell excess power for cash, allowing clean energy production to become individually profitable. This seems to be a likely future for clean energy. Smaller, more localized systems, where the participants have control over production and dissemination. As the options become more diverse, the potential is clear. Read the full article...

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Welcome to the party CA!

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Welcome to the party CA!

UT San Diego just published an article announcing that California utilities will begin providing the community solar option to residents. This is due to a new program authorization approved yesterday. San Diego Gas and Electric is opening up options for participation in a few solar installations around the city. According to this article, Solar power shines on apartments; renters in California, the San Diego community solar billing system will be set up much like ours in the Green Mountain Power utility in VT. Participants can get up to 100% of their electricity covered by solar, and receive credit from their solar portfolio on their utility bill. There was some skepticism brought up by Mike Florio, the CA state utilities commissioner. He thinks that renters wont bite. Another trepidation, is the complexity of group net metered billing. From our understanding, it takes quite a bit of time for our dear friends in the utility billing department to set up credit for Vermont Community Solar Participants. This is especially true with the rising number of participants -let’s hope they get some reliable assistants soon! However, with community solar on the rise, and more and more people opting out of electricity from fossil fuels, it is an inevitable that renters, home owners and businesses will search out cleaner, more energy efficient options. In turn, we will find more efficient ways to bill group net metered solar. These issues are not games stoppers, and for CA they will be a cake walk. With such a high population, there is no reason that community solar will not be a hit. Welcome to the party California! We can’t wait to see how this turns out.   Below are maps of net metering policies by state. This information was found at the National Conference of State Legislatures website. Click here for more information on Net Metering policies throughout the...

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2014: 173,807 jobs and a new installation every 2.5 minutes

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2014: 173,807 jobs and a new installation every 2.5 minutes

This is what the solar industry has brought us in 2014. An article published today highlighted the invaluable progress that the solar industry has had on the market in recent years. Imitating what the president said in his state of the union address, “America installed twenty-two times more solar in 2014 than in 2008”. That is a remarkable increase for an economy just on the brink of recovery. This growth is defined in detail in The Energy Collective’s new article.    The most excitement I get from this article are the numbers in job growth. 80,000 new jobs in the solar industry since 2008. Now this is by no means enough to keep up with the growth required by our current form of economics. However, for a relatively new industry, it begs attention. I am even inclined to argue that it is a step in the right direction for our investment in the future. It is a solid investment, whatever the intentions. Read the full article...

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