Solar has been around for several decades, but many people still do not know whether their business is a good candidate for solar, or when they should consider investing. In our latest educational guide called “Determining When Solar Makes Sense for Your Business,” REC Solar shares lessons learned to help you pinpoint the best time to invest. Submit the form below to download the full two-page guide.READ MORE >
Energy costs for the agriculture industry keep rising and more companies are turning to solar energy to reduce those expenses. For companies that choose solar, the payback can be in as few as 3 years. Some companies choose to pay cash or use loans through their local bank or Farm Credit to finance their project. Both cash and loan payment options allow companies to take advantage of the 30% federal tax credit as well asREAD MORE >
Property Assessed Clean Energy (PACE) helps business owners finance projects that improve energy efficiency through renewable energy improvements on their property. PACE financing is bundled under a property’s assessment and is paid on the property’s tax bill. This allows for zero dollars upfront for a solar installation and allows for the cost of the installation to be spread across up to 20 years, or the life of the solar installation. If a building is sold,READ MORE >
Taylor Farms is North America’s favorite maker of salads and healthy fresh foods. The company focuses on innovation by consistently developing new products and improving production methods. Taylor Farms is family owned and based in Salinas, California with twelve operating companies and distribution facilities throughout North America. REC Solar recently completed a solar installation at the Taylor Farms facility in Dallas, Texas, which is one of several solar projects for Taylor Farms. Beyond solar,READ MORE >
The past year in solar has been defined by significant disruption that has ultimately helped the industry mature and offer better customer solutions. Here are a few examples: Policy maturation is driving energy innovation. For example, in September, Hawaiian Electric Company’s customer grid supply program reached capacity, meaning customers either must store their excess energy generated by solar, or release it. This is expediting the adoption of energy-plus-storage solutions. We discussed the implications ofREAD MORE >
The long-anticipated PG&E NEM 1.0 cap will be reached in the next few weeks. PG&E has been interconnecting about 3-3.5MW per day on average and with 34MW left at the time of this writing, the expectation is that before the end of the year, NEM 2.0 for PG&E will be in place. The only way to ensure you are locked into NEM 1.0 is to have an Authorities Having Jurisdiction (AHJ) approval. PG&E will beREAD MORE >
Hawaii’s mandate to achieve 100% clean energy by 2045 places the state at the forefront of solar and renewable energy adoption in the United States. Since 2007, REC Solar has been a leader in commercial solar on the islands. Recently, the solar landscape in Hawaii has seen several changes that include the end of the energy buyback program, meaning solar customers can no longer sell excess power back to the utility.READ MORE >
According to data from the Rocky Mountain Institute, the largest non-fixed operating expenses for businesses is utility costs. Other operating expenses include labor, rent or marketing. When a business is looking for ways to improve cash flow and reduce overall operating costs without cutting back on staff, reducing advertising spend or trying to find cheaper rent, energy is “the final frontier” of where brands can conserve. A comprehensive energy reduction plan will include many different types of strategies, such as improving technologies, equipment and processes, as well as investments in onsite or offsite power generation.READ MORE >
Last week saw the bankruptcy of SunEdison, one of the largest solar companies in the world.
This news might make you feel nervous if you are considering a solar installation for your home or commercial space, but worry not – there are some easy steps you can take to ensure you choose a solar company that can provide the service you need for the lifetime of your installation.
The prodigious growth of solar power in the United States has turned what was once a boutique industry into a multibillion-dollar asset class. Cumulative installed solar photovoltaic (PV) capacity in the US has exceeded 20 gigawatts, with thousands of projects scattered across the country.READ MORE >