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Solar PV systems work with or without batteries and when grid-tied, excess electricity is directed back to the power grid, resulting in utility compensation. Batteries are useful for running low-draw appliances and in instances of power outages by providing temporary power. Deciding on whether to include a battery in the system depends on individual electricity needs, financial considerations,…
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Solar power works by sunlight stimulating semiconductors in solar panels, triggering an electric current which is converted to AC power for everyday use.
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This trivia contains various solar facts, revealing that solar energy is the Earth’s most abundant energy source, exceeding all other renewables. Each hour, Earth receives more solar energy than global usage in a year. It takes around 8 minutes for sun energy to reach Earth. Astronomically, the Sun will continue burning for 7-8 billion years.
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Income does not impact eligibility for a 30% federal solar investment tax credit for those with a tax liability. If the credit exceeds the first year’s tax liability, it rolls on to subsequent years until used up. For electric vehicle purchases though, tax-filing income limits exist. These different tax credits do not disqualify each other. Be sure to…
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“True Net-Metering” vs. “Instantaneous Net-Metering” When you venture into the world of solar energy, one of the crucial aspects to understand is how your utility handles the excess energy your solar system generates. This surplus electricity, when your home’s electrical needs are met and your batteries (if you have them) are full, flows back through […]
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Installing solar panels is most efficient in dry weather for safety reasons. While panels can produce power any time there’s daylight, optimal performance occurs in cooler temperatures, such as in the fall and spring. During these seasons, lower heating/cooling usage and increased sunlight exposure due to less foliage, enhance solar production. Therefore, consulting with a knowledgeable local installer…
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“Free Solar” offers are not entirely free, despite their promise of solar power. Although cost-effective in the long run, they require an understanding of leasing versus owning a solar system. Leasing offers lower monthly rates but ownership allows for maximum benefits, such as eligibility for a 30% Investment Tax Credit (ITC) and control over power generation and storage.…
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The Inflation Reduction Act promotes solar energy usage by increasing the federal income tax credit to 30%. This provides significant savings for homeowners or businesses who switch to solar, reducing their financial burden and promoting sustainability. The tax credit can be used to reduce your tax liability, and any remaining credit can be rolled over to subsequent years.…
