SolarReviews’ Post

Have you heard of the "15-cent rule" as it relates to residential solar adoption? Although there is quite a bit of nuance depending on local policies and the environmental conditions of a particular array, $0.15/kWh is the approximate utility electricity rate where it's considered easier to demonstrate potential for financial energy savings to residential solar customers. The article states that in 2022, 16 states had residential rates of 15 cents/kWh or more. How are you seeing this "15-cent rule" play out in your local area? Does it seem to apply in markets where your solar company is operating?

For my friends in IN and KY, be very suspicious of anyone knocking on your door and trying to sell you on installing rooftop solar. It's not that you absolutely shouldn't do it, but you should be aware that laws passed in recent years in these states have made them THE WORST, in terms of how long it will take you to break even (through lower energy bills) on your upfront costs. For those who want to "be green", but cannot afford a rooftop solar system, most utilities now offer Green Power programs where you can elect to pay as little as an extra buck or two a month to ensure that your utility is purchasing your power from clean energy sources. https://lnkd.in/g5bynw7j

✔️ The California Public Utilities Commission (CPUC) has proposed a new monthly fixed charge of $24.15 on customers of key utilities. ✔️ This fixed charge varies based on income levels, with the lowest income bracket eligible for a 75% discount. ✔️ The proposal has raised concerns among the solar community, though CPUC maintains it won't significantly alter solar economics. Discover how the latest changes in Californian energy markets could impact your solar expeditions and why the new billing structure proposed by the CPUC has got solar enthusiasts talking. The proposal introduces a $24.15 monthly fixed charge for key utility customers, regardless of energy use, intended to separate the cost of energy use and grid maintenance. Lower-income customers are up for some relief, with substantial discounts for those in the lowest income bracket. But it’s not all sunny for solar proponents. A higher fixed fee and lower volumes may mean less monthly savings for those with solar panel setups. Yet CPUC counters this, stating that the solar economics will stay largely the same, with payback periods for solar setups still under five years. Critics, though, raise eyebrows at an uncapped fixed charge that could allow unchecked fee rises. As these changes unfold, approach this as an opportunity to innovate and optimize solar solutions. For more information on selling solar virtually across the USA visit www.tstpros.com 🌞🔋🌎

A year after California's net metering policy (NEM 3.0) slashed compensation for excess solar energy by 75%, the state's solar panel installations have plummeted while battery installations have surged. This shift has dramatically altered California's renewable energy landscape. NEM 3.0, which took effect in April 2023, led to a rush of installations before the deadline, followed by a steep decline. Carina Brockl, CRO at Aurora Solar, noted the unexpected magnitude of this drop. Despite the downturn, solar batteries are on the rise, offering homeowners better energy usage and resilience. Vincent Ambrose of FranklinWH Energy Storage Inc. reported a 90-100% battery attachment rate since NEM 3.0 began. Legal challenges against NEM 3.0 are ongoing, and solar advocates remain hopeful for legislative adjustments. 🌞 #renewableenergy #solarpower #sustainability #california #netmetering #cleanenergy #solarenergy #batterystorage

✔️ The California Public Utilities Commission (CPUC) has proposed a new monthly fixed charge of $24.15 on customers of key utilities. ✔️ This fixed charge varies based on income levels, with the lowest income bracket eligible for a 75% discount. ✔️ The proposal has raised concerns among the solar community, though CPUC maintains it won't significantly alter solar economics. Discover how the latest changes in Californian energy markets could impact your solar expeditions and why the new billing structure proposed by the CPUC has got solar enthusiasts talking. The proposal introduces a $24.15 monthly fixed charge for key utility customers, regardless of energy use, intended to separate the cost of energy use and grid maintenance. Lower-income customers are up for some relief, with substantial discounts for those in the lowest income bracket. But it’s not all sunny for solar proponents. A higher fixed fee and lower volumes may mean less monthly savings for those with solar panel setups. Yet CPUC counters this, stating that the solar economics will stay largely the same, with payback periods for solar setups still under five years. Critics, though, raise eyebrows at an uncapped fixed charge that could allow unchecked fee rises. As these changes unfold, approach this as an opportunity to innovate and optimize solar solutions. For more information on selling solar virtually across the USA visit www.tstpros.com 🌞🔋🌎

Remove the government subsidies, and solar and wind "renewable energy" are no longer economically viable. It really *is* that simple. ============================= "The solar industry is in trouble as California and other states have slashed their credit for net metering - a policy that credits excess energy from rooftop solar systems supplied to the grid. Since the net metering policy is regressive with non-rooftop solar homeowners subsidizing rooftop solar homeowners, the reduction in credit was a needed improvement. But, now, solar companies are hurting due to lower sales as soaring costs and high interest rates are also affecting purchases. ●》Solar companies are forced to scale back, laying off employees, as the market cannot survive without the government’s intervention. ●》The rooftop solar business remains dependent on government policy, despite decades of subsidization and long after the industry’s backers hoped the industry could thrive on economics alone. For now, more job cuts look likely." https://lnkd.in/gX6SQKvq

Indiana ranks as the worst state in the US for going solar, scoring only 15.88 points out of 100, according to a new report. TERRIBLE!!! The study used various factors such as electricity costs, installation costs, potential solar energy, existing solar capacity, and solar policies to grade each state. One of the major reasons for Indiana's low ranking is the loss of their net metering program, which encouraged installation of solar systems by issuing credits for excess energy created. Unfortunately, net metering is being phased out in some states under pressure from utility companies (yes, I'm talking about you CenterPoint Energy) that don't want to pay homeowners for the excess electricity they generate on their rooftops. You can read the full article in The Indianapolis Star. #netmetering #cleanenergyrevolution #nxtgen Stacy Milheiser Casey Cotton Mercedes Enrique MBA, F.SAME Bill Harrington Kim Ottilie Cory Miller Mel Raines Gilbert Michaud, PhD NXTGEN Clean Energy Solutions

A 15 cent increase is enough reason to go solar ⬇️ Solar has been the leading answer to the problem of high energy bills for many homeowners. Read why: ☀️ Solar offers a stable bill homeowners can expect in their budget. ☀️ Many states, including Texas, have tax incentives and local buyback programs further lowering energy costs. ☀️ Despite inflation, the solar industry is expected to maintain cost stability or even reduce costs as demand grows.  In a changing energy landscape, American homeowners are seizing the opportunity to adapt and cut costs with rooftop solar. Rising electricity rates and increasing affordability make this the ideal time to champion sustainability. 🌞🔌 #solarenergy #insideclimatenews #renewableenergy #dynamicslr #texassolar  https://lnkd.in/gNibCUqa

As the price of solar installations has fallen the median size of the installation has increased along with pairing with battery back ups making these installations able to charge all of a homes electrical usage including any EVs. #CRE #RealEstate #CommercialRealEstate #CREDevelopment #RealEstateDevelopment #CommercialRealEstateDevelopment #CREFinance #RealEstateFinance #CommercialRealEstateFinance https://lnkd.in/eBSFjGX3