Tag Archives: cheap solar power

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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Study Finds that Solar Power is a Bargain for Ratepayers in New Jersey and Pennsylvania

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A study recently released by the Mid-Atlantic Solar Energy Industries Association (MSEIA) and the Pennsylvania Solar Energy Industries Association (PASEIA) conducted by Clean Power Research concludes that solar power delivers far greater value than it costs. Key points in the full text of the report include: Power is priced every hour in an auction The […]

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Comparing residential solar install costs in the U.S. to Germany

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The Lawrence Berkeley National Laboratory recently released a briefing comparing the “soft” costs (or business process costs) of residential photovoltaic solar installations in the U.S. and Germany. The comparison was focused on outright purchases in Germany in 2011 and based on a survey done by NREL in the U.S. in 2010. Key findings based on […]

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Can You Save Money on Solar Energy Through Owning an Electric Vehicle?

Thanks to the ever-increasing cost of fuel bills, solar energy is becoming more and more popular as a viable source of power for financially savvy consumers. However, solar energy isn’t exactly a new business; solar cells were invented in the early 19th century when scientist, Alexandre Edmond Becquerel, observed that the presence of sunlight was capable of […]

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