Conservative lawmakers aren’t being shy about their support for ITC Extension

Has Solar always been a “left” issue? No! Three prominent GOP pollsters shows that 83 percent of Republicans support clean energy sources like solar. 

Bryan Miller is senior vice president of public policy and power markets at Sunrun, in his recent article states, Solar’s popularity among the conservative base has helped it grow at the state level for years. Case in point: Last year, South Carolina Republican Governor Nikki Haley signed historic legislation to open the market to competitive solar leasing, and this year, New Jersey Republican Governor Chris Christie supported solar by extending net metering. Now we’re seeing this same conservative support bubble up to the federal level. Legislators will decide this year whether to give certainty to the solar industry by acting on the solar Investment Tax Credit. The ITC is a 30 percent federal tax credit for solar systems and the fundamental policy that’s helped bring close to 200,000 solar jobs to the U.S. over the past decade. Conservative lawmakers aren’t being shy about their support for this critically important policy.

Nevada Senator Dean Heller  was quoted saying, “I’m disappointed that we can’t reach consensus on language that would truly give parity for an industry that is not only important for my home state of Nevada, but frankly, helps to diversify our nation’s energy portfolio.”

The ITC, solar Investment Tax Credit (ITC), is one of the most important federal policy mechanisms to support the deployment of solar energy in the United States. SEIA successfully advocated for a multi-year extension of the credit in 2008, which provided business certainty to project developers and investors. The ITC continues to drive growth in the industry and job creation across the country.

Recognizing the signifance of the ITC, SEIA and Bloomberg New Energy Finance (BNEF) have developed an analysis that explores the enormous impact of a five-year extension – and what happens if we let it expire. Extending the ITC amounts to an additional 69 gigawatts (GW) of solar deployment between 2016 and 2022.

Miller also said, ” it’s also about jobs. If the ITC isn’t extended, Nevada could go from the fastest-growing solar market in the country, with the most solar jobs per capita, to a state with thousands of unemployed workers. States all over the country will feel the effects.The Bloomberg New Energy Finance and the National Renewable Energy Laboratory shows that failure to extend the ITC would result in 7,000 small businesses closing and up to 100,000 U.S. employees losing their jobs.”11259101_10155951042330223_5724827559613662578_n

Miller ended in saying, “Solar is popular and it comes with a myriad of benefits. Failure to include solar in legislation this year isn’t fair, and it could decimate the industry. Republican and Democratic lawmakers alike understand these arguments.”

What will happen if the federal investment tax credit (ITC) isn’t extended?

“What will happen if the federal investment tax credit (ITC) so many solar developers depend on isn’t extended?” The question Herman K. Trabish asked in his recent article for Utiliy Dive . The answers he found were interesting and what some might not excpet.

“If the investment tax credit is not extended, we see it as a disruption, not a death for the industry,” said Maddy Yozwiak, U.S. Power and RECs analyst  and co-author of the recently-released report, “How extending the investment tax credit would affect US solar build,” from Bloomberg New Energy Finance (BNEF).

“It will be a disruption that will take years to recover from, but the recovery is there. Long-term costs continue to improve,” Yozwiak added. “That doesn’t go away, even without the ITC.”

“The difference between the two scenarios is like losing everything already installed,” Yozwiak added.

Many solar lobbying groups are fighting for the extension of the ITC and to beef up local incentives on the state or local level. SEIA, Solar Energy Industry Association, commented in a recent press release, “the ITC is set to drop from 30 percent to 10 percent for commercial systems and zero for residential systems at the end of 2016. According to the BNEF analysis, this will produce a sharp drop in industry activity in 2017.: This will set the stage for a “scramble to complete projects with contracts based on the current credit before the end of next year. That pipeline depletion, and weaker economics, will result in a drop of roughly 8 gigawatts (GW) in annual installations through 2017.  Such a dramatic drop would bring new solar installation activity to its lowest annual level since 2012.”

Bloomberg analyst Madeline Yozwiak says, “with a proposed five-year federal ITC extension, we anticipate an additional 22 GW of solar will get built by 2022. Without it, we still anticipate solar growth in the next decade, but it will be a much rockier ride.”

 

SAVING MONEY MAKES SENSE

The price of U.S. solar power has dropped a whopping 70 percent since 2009, even as panels become more efficient.  Now is the time to act on taking control of your electric bill before rates go up again!

Recently a Washington Post  article by Chris Mooney, “Wind and solar keep getting cheaper and cheaper” mentioned a report from Bloomberg New Energy Finance;

The report, from Bloomberg New Energy Finance, examined the “levelized cost of electricity” around the world in the second half of 2015 — a metric that seeks to take a comprehensive look at costs including capital expenditures, interest rates and operating costs. It’s an approach that is able to “put technologies on a level playing field and enable that comparison, which is valuable,” says Seb Henbest, head of Europe, Middle East, and Africa analysis for Bloomberg New Energy Finance.

The report was based on analysis of some 55,000 projects around the world, says Henbest. And it found that globally, onshore wind now on average costs $83 per megawatt-hour of electricity ($2 cheaper than in the first half of the year), and thin film solar photovoltaics costs $122 per megawatt-hour — a drop of $7 in just half a year.

 

 

By getting a custom-designed system that is tailored specifically for your home or business ensures your carbon footprint is reduced or eliminated.  There is no better time to act and save! BTW there a 30% Federal Tax Credit too, but this is set to expire December 2016.

Let’s harness sunshine to power your home. Click here for your free quote. 

California solar policy under construction?

California has been a state that has set records in solar production, generation, incentives and even policy. So why now does it feel like they are taking a step backwards?

In a recent article by Reem Nasr, “Utilities’ newest solar battleground: California”, 

“The California Public Utilities Commission on Monday holds hearings that could result in changes to the way that solar panel users are reimbursed for the power they generate, improbably making the Golden State the newest front in a battle between power companies and rooftop solar firms. On one side are proponents of solar energy and the companies that make the panels, while arrayed against them are utilities that want policy changes that would result in solar power being less cost-effective for homeowners and businesses that want to use it.”

Many Californians rely on net metering as a way to obtain their solar energy system. Net metering by definition from SEIA, Solar Energy industries Association,

“Net metering is a billing mechanism that credits solar energy system owners for the electricity they add to the grid. For example, if a residential customer has a PV system on the home’s rooftop, it may generate more electricity than the home uses during daylight hours. If the home is net-metered, the electricity meter will run backwards to provide a credit against what electricity is consumed at night or other periods where the home’s electricity use exceeds the system’s output. Customers are only billed for their “net” energy use. On average, only 20-40% of a solar energy system’s output ever goes into the grid. Exported solar electricity serves nearby customers’ loads.”

The current net metering policy was put into place no more than two years ago. These new proposals currently being submitted to the California Public Utilities Commission could not only restructure this policy moving forward but set new standards for states like Tennessee who is one of four states that does not have laws regulating net metering.

Go Green, Save Green with Tankless Water Heaters from Chattanooga Gas

Go Green, Save Green with Tankless Water Heaters Chattanooga Gas - An AGL Resources Company

A natural gas tankless water heater can offer energy- and money-saving benefits.

Here’s how it works. When you turn on the hot water tap, cold water is drawn through a pipe into the unit and heated by a gas burner. By only heating water when you need it, the need for a storage tank that constantly maintains hot water is eliminated. A tankless water heater uses 30-50 percent less energy than units with tanks, saving a typical family about $100 or more per year, depending on water usage. 

A tankless water heater’s ability to offer a continuous supply of hot water makes it ideal for homes with a hot tub or whirlpool. Tankless units reduce the risk of leaks or water damage, and a typical model has an average life-expectancy of up to 20 years, compared to 8 to 10 years for tank type water heaters. 

Right now Chattanooga Gas, along with select tankless water heater manufacturers, offers cash-back rebates when you switch from electric or propane to natural gas. 

LEARN MORE

TIPS FOR A GREENER LIFESTYLE, MAKE YOUR OWN CLEANING PRODUCTS!

Laundry

When making the initial switch from a detergent to a soap laundry cleaner, wash items once with washing soda only. This will eliminate detergent residues that might otherwise react with soap to cause a yellowing of fabrics.

Laundry Soap

Add 1/3 cup washing soda (sodium carbonate) to water as machine is filling. Add clothes. Add 1 ½ cups of soap. If the water is hard, add another ¼ cup soda or ¼ cup vinegar during the first rinse.
Add 1/3 cup washing soda to water before placing clothes in machine and substitute soap flakes or powder for detergent. Add ½ cup borax for additional cleaning power.

Pre-soak

Soak heavily soiled items in warm water with ½ cup washing soda for 30 minutes. Rub soiled areas with liquid soap.

Fabric Softener

Add 1 cup vinegar or ¼ cup baking soda during final rinse. To reduce static cling in tumble-dried synthetics, dampen hands when folding or line dry instead.

Spray Starch

Dissolve 2 Tbsp. cornstarch in 1 pint cold water in a spray bottle. Shake before each use. For delicate fabrics, dissolve 1 package unflavored gelatin to 2 cups of hot water. Dip a corner of the fabric into the solution to test; if fabric becomes sticky when dry, add more water.

Dry Cleaning

Buy items you can wash or clean on your own. Most dry cleaning solvents, such as perchloroethylene are toxic. If you must dry clean, air clothing out thoroughly before bringing indoors. Many garments whose labels specify “dry clean only” can be safely hand-washed using mild soap.

Let’s talk solar!!

Tennessee Solar Solutions has put together all of the resources you will need to determine whether renewables are right for your home/business. Learn about the state and federal incentives for renewable energy, how to prepare your home/business and how solar power can generate income for your home/business.
We all play a role in bringing clean energy to your home. It starts by making smart energy choices. Start by understanding the financial considerations and benefits of investing in renewable energy. Using renewable energy to power your home/business is a matter of choosing the right technology to meet your energy needs.

Thursday, September 17, 2015 from 5:30 PM to 8:00 PM (EDT)

Sign up to attend now!

Bring your powerbill (12 months is great) and get an onsite quote!

FAQs

What can/can’t I bring to the event? Please feel free to bring a copy of your power bill for a FREE on the spot estimate.

Where can I contact the organizer with any questions? Please contact Ginny Kincer with any questions regarding this event at ginny@tennesseesolarsolutions.com.

Increase Your Home Value and Shorten Resale Time with Solar

green house
Solar energy systems are an attractive asset for Homeowners looking to sell their homes, as rooftop panels have been shown to increase the value of the home while reducing its time on market.

A 2013 study from the Lawrence Berkeley National Laboratory indicates that a medium-sized residential solar system can add more than $20,000 to the value of a home. In addition, according to a study that was sponsored in part by the U.S. Department of Housing and Urban Development, home values can increase on average by $20 for every $1 reduction in annual utility bills. Savings of just $40 per month could lead to a $10,000 increase in the value of your home.

The addition of a solar energy system has proven to draw increased interest from home buyers, leading to shorter periods of time on the market. According to the U.S. Department of Energy, homes with solar sell at up to twice the rate of their conventional counterparts.