Although the 30% business investment tax credit (ITC) for installing solar expires at the end of 2016, the window for taking advantage of the ITC is actually much sooner. Unless Congress extends the ITC—which is an open question at this time—business owners should begin planning now for solar projects to be completed by the end of 2016. Combined with lower costs than ever before, businesses are seeing a perfect storm of conditions that make now an ideal time to go solar.READ MORE >
When a retail store, winery, or factory thinks about going solar, they often finance through a solar power purchase agreement (solar PPA). Both allow your business to go solar with no up front costs. But if you’re in California, there’s new way to finance solar with no upfront cost, and it’s called Property Assessed Clean Energy or “PACE.”READ MORE >
Here’s a rundown of all that’s happening at REC Solar’s Booth 850 at Solar Power International, as well as other events at the show.
Tuesday, October 21 – Thursday October 23
Just like the solar business, trade shows can be both exciting and intense, but REC Solar has you covered.
The Red Sox may not win the Pennant again in 2014, but there’s still some good news if your business or municipality wants to install solar in Massachusetts: In a last-minute legislative compromise with utilities, the state’s net metering cap has been raised to 5% of grid capacity for government entities and 4% of grid capacity for private businesses.READ MORE >
EC Solar recently participated in a webinar onRenewable Energy World that invited several experts to discuss the U.S. landscape for solar PV with microgrids, and energy storage for business.READ MORE >
If you’re a business or a non-profit, your utility rate can be a crucial factor in your overall annual savings from installing solar. Now, thanks to a recent settlement between solar advocates and the Southern California Edison (SCE) utility that should be finalized by January 2015, commercial businesses and non-profits that go solar in SCE territory will once again be able to select the financially advantageous “Option R” Time of Use (TOU) rate that has been limited.READ MORE >
On July 26, 2014, REC Solar and the KIUC Utility held a groundbreaking ceremony for a 12 MW solar power project on the island of Kauaʻi. A 6 MW lithium-ion battery system will also be installed alongside the array to store and distribute energy when clouds reduce the solar installation’s output.READ MORE >
It’s hot in Bakersfield, California, especially during the summer months when temperatures regularly hit 110 degrees. But as The Hampton Inn & Suites Bakersfield North-Airport is discovering, the sun also has its advantages for reducing utility costs and increasing customer acquisition and satisfaction when the hotel goes solar.READ MORE >
How much your business saves over the 25 to 30 year lifetime of a typical commercial solar system depends on many factors, including how youfinance it, federal and local incentives, your utility rate, and the amount of sunshine available on your commercial rooftop.READ MORE >
The first is from IKEA’s southwestern US distribution center in Tejon, California. The 1.8 MW DC system covers 216,000-square-feet of the expansive rooftop, and produced 3.05 million kWh of electric power in 2013, over 110% of expected yearly production.READ MORE >