Tag Archives: buying solar panels

Solar Chicago, the city-wide solar program

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Over 1,500 residents have already enrolled in the Chicago solar program called “Solar Chicago” that launched in July with the goal of catalyzing installations within the city. ‚ÄúThis program provides a direct benefit to homeowners who can now take advantage of all of the benefits of solar power, from reduced energy bills to lowering carbon […]

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Infographics show declining solar costs and increasing adoption

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The Union of Concerned Scientists recently released a report that included some exciting infographics demonstrating some important trends in residential solar: Installation costs are plummeting Residential solar is now cheaper than retail electricity in several states Households are adopting solar at accelerating rates! The trend of decreasing costs for residential solar were driven by a […]

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Utah rejects utility bid to levy additional fees on residential solar owners

The battle between solar advocates and the utility industry over solar fees came to a head recently in Utah. The crux of the issue is that utilities no longer make as much money off customers who go solar. As more customers go solar, their argument is that the fixed costs of maintaining the grid gets […]

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NREL: Banking on Solar and working to bring solar financing rates down

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The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), recently announced a Banking in Solar working group to address the challenges that homeowners face getting loans for rooftop solar projects. The end goal is to achieve mass adoption of solar loans, bringing down solar financing rates significantly. Some of the ongoing concerns for investors, […]

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Portland reducing soft costs for residential solar!

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Portland recently took a step to reduce the soft costs of installing solar on residences. The city’s Bureau of Development Services dropped the fee for a Prescriptive Residential Solar Permit by over 50% from $554 to $263. While the cost of hardware and installation have come down over the past few years, these types of […]

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Do solar leases deter potential home buyers?

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A recent Bloomberg article suggests some issues that customers have had with selling homes that have solar lease contracts attached to them. While it has been documented that solar panels have increased the value of homes in California by $5900 per kilowatt, the solar lease contracts could complicate things. Most notably, the article suggests: Solar […]

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A look into the economics of installing solar in Arizona

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In a recent June 2014 post, the owner of a solar company in Arizona goes over the economics of purchasing a solar pv system for his home in the state. Note that only a couple years ago, it would have cost over $5/watt to install a solar facility. Though much of the cost reductions have […]

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12 Best Practices For Containing Soft Costs In Your Community

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The Colorado Solar Energy Industries Association (COSEIA) leads up the Solar Friendly Communities initiative aimed to encourage the expansion of residential solar. As we have written previously, although solar technology costs have come down significantly in the past few years, local policies still have a major impact on the overall cost of installing solar. The […]

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Comparing solar leases to a solar loan

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As we mentioned in our previous post, the Department of Housing and Urban Development (HUD) and the Federal Housing Authority (FHA) offer Property Loan Insurance to approved lenders in a program known as Title I. This program protects lenders from risk of default on fixed-rate loans of up to $25,000 for home improvements. Solar qualifies […]

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While popularity of solar leases grows, alternatives emerge

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With some estimates as high as 75% of new solar installs financed through 3rd party ownership, it has become clear that the solar lease is quickly becoming the most popular way to pay for a solar installation. The obvious advantage of the solar lease is the fact that you don’t have to put any money […]

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