There is plenty of information to collect today on any given topic. From the internet, social media to news coming at us from all directions. It is easy to miss some very important details that can help save money, improve your home and increase property values.
Byers is busy this season with solar energy installations and would like to share with you some of the news we see in our daily operations that we think deserve your attention.
- Solar is more efficient than ever.
- Solar is more affordable now than it may be in the future.
- Energy costs continue to rise.
First off, Enhanced Technology Means Increased Benefits
SunPower announced last month yet another breakthrough in technology. SunPower’s new 370-watt X-Series solar panel offers 60 percent more power than a conventional solar panel from the same amount of roof space over 25 years. It only takes 15 SunPower panels to produce as much energy as 22 conventional panels, which means fewer panels to generate an equal amount of electricity. This also means you need to spend less money to get more energy — and if you have a small roof or small site space for solar panels, you now need even less space to generate solar energy.
“By engineering greater efficiency solar panels, we can fit more watts on the roof in the same amount of space when compared to conventional solar, offering customers the best value for energy.” notes Gabi Bunea, SunPower vice president, research and development.
Secondly, Get in on Tax Rebate Options for a Limited Time
Solar energy still qualifies for tax rebates. The federal solar tax credit, also known as the investment tax credit (ITC), allows the deduction of 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. Federal Solar ITC is in the ‘Phasedown Plan’—as it stands presently, the solar tax credit will continue to offer 30 percent savings until the end of 2019. This means if you are planning on solar, this is an excellent time to get optimum efficiency and still benefit from favorable tax credits, which are set to sunset in 2019.
Lastly, California is Facing Uniquely Radical Utility Costs
The cost of power and demand for power continues to grow. California is faced with unique power issues as a place that loves building in the great outdoors. Fire danger and drought have combined to increase the cost of power, which must be passed on to users in some manner. Home and business owners can insulate themselves from some of these increases by reducing their power usage through solar.
Get Started with Solar
Learn how to get started with solar with this step-by-step guide, which also explains SunPower’s patented solar technology with this free information guide.
Learn more about solar and why 2018 is such an important year to go solar with this free download “8 Reasons to Go Solar in 2018“
Ready to talk solar now? Give us a call today at (530) 272-8272