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Utility And Tax Incentives

Utility and Tax Incentives Federal, state, and local governments understand the importance of sustainable energy and the high costs associated with traditional power sources. Utility companies can't afford to maintain their infrastructure costs as homes use more and more power. That's why, in most cases, utility and tax incentives can save customers well over 50% on the cost of energy.* *Ask your representative about which incentive you're eligible to receive. Please consult a tax advisor on your ability to claim these nonrefundable tax credits. Federal Investment Tax Credit - 30% [...]

By |2024-03-12T20:12:10-05:00March 30, 2021|

Congress Extends Tax Credit That Can Offset the Cost of Solar

Congress recently provided a big ray of sunshine to homeowners who plan to start using solar energy. Lawmakers extended the deadline for the federal solar investment tax credit (ITC), one of the most important policy drivers for solar power in the United States. The ITC has enabled owners of residential, commercial, and utility-scale solar projects to receive a tax credit on a percentage of the total installed cost of their solar system, making this clean energy approach much more economical. In December 2020, Congress approved an economic stimulus package designed in part to provide COVID-19 relief. That package included a two-year extension [...]

By |2024-01-17T17:21:27-05:00March 26, 2021|Solar News|

Solar Investment Tax Credit (ITC)

SEIA is leading a national coalition to extend the solar Investment Tax Credit (ITC). This is a significant undertaking that will require support from across the solar industry, and we need your help to get it done. The solar investment tax credit (ITC) is one of the most successful clean energy tax policies ever passed. It has enjoyed bipartisan support and created more than 200,000 jobs and $140 billion in private investment. We're asking you to make your support for solar known in social media, and to engage with your state and federal policy makers to seek positive change for our [...]

By |2024-03-12T15:07:56-05:00September 2, 2019|Solar News|

Why Are Electric Bills in NJ So High?

New Jersey's residential electricity rates are among the highest in the nation, a costly reality for homeowners. Even with energy-efficient appliances and conscious consumption, monthly bills continue to climb, burdening many households. In response to escalating electric expenses, SunPower by Sea Bright Solar offers innovative solar solutions, aiming to reduce the financial strain on New Jersey residents. NJ's Energy Market Dynamics New Jersey residents grapple with steep electricity prices influenced by regional supply constraints and the state's commitment to renewable energy. Despite the presence of multiple electric companies, options for lower rates seem scant, reflecting a complex energy market. Considering [...]

By |2024-03-13T18:09:22-05:00January 29, 2024|Residential|

Sunpower by Sea Bright Solar: Top Solar Company in Voorhees Township, NJ

Imagine your home powered by the relentless energy of the sun, seamlessly converting rays into electricity. Like a well-oiled machine, each solar panel works in concert to harness the inexhaustible power of sunlight. In the realm of solar mastery, SunPower by Sea Bright Solar stands as a beacon of expertise, lighting the path to sustainable energy for Voorhees Township, NJ, residents. Unparalleled Solar Expertise Sunpower by Sea Bright Solar crystallizes decades of industry innovation and technical acumen to deliver peerless solutions in solar energy systems. Their intricate understanding of photovoltaic science, coupled with meticulous execution, fosters a bespoke customer [...]

By |2024-03-13T19:28:45-05:00January 26, 2024|Solar News|

Get Clean and Sustainable Energy with Solar Cherry Hill NJ

The sun's radiance bathes the Earth, unfettered and free. Harnessing this celestial gift, residents of Cherry Hill, New Jersey,Solar energy is becoming increasingly popular among residential homeowners in Cherry Hill, NJ. With the rising demand for clean and sustainable energy solutions, more and more people are turning to solar power as a viable option. If you're considering making the switch to solar in Cherry Hill, NJ, look no further than Sunpower By Sea Bright Solar. At Sunpower By Sea Bright Solar, we are committed to providing top-notch solar panel installations and exceptional customer service. As a leading solar energy [...]

By |2024-03-12T15:02:27-05:00January 24, 2024|Residential, Solar News|

The Truth Behind Free Solar Ads: Uncovering Misleading Claims

Solar energy is a remarkable solution for individuals looking to save on electricity bills while contributing to a cleaner environment. However, like in any rapidly growing industry, the solar sector is not immune to misleading advertising. Some of the common misleading claims you might have come across are ads offering "Free Solar Panels" with the implication that the government will cover the cost of your solar system. Here's a breakdown of the reality behind these claims and why they might not be as they appear: 1. The “Free” Misnomer: Many ads claim to offer free solar panels, but the reality [...]

By |2024-03-12T15:02:27-05:00December 2, 2023|Residential, Solar News|

Embracing Solar Energy: Transforming Homes and Saving the Planet

At a time when homeowners are increasingly drawn to the allure of affordable and dependable renewable energy solutions, the prospect of generating one's own power has never been more appealing. The realm of alternative clean energy holds a wealth of advantages for those wanting to reduce utility costs, secure a steady stream of electricity, and contribute to the betterment of the environment. Renewables: An Economic and Ethical Imperative A particularly compelling advantage of the use of residential renewable energy is its substantial cost reduction. Solar energy, in particular, has garnered significant attention from environmentally conscious homeowners due to its [...]

By |2024-03-12T15:02:28-05:00October 27, 2023|Solar News|

Understanding How to Benefit from the IRA

In 2022, the U.S. passed the largest climate and energy investment known as the Inflation Reduction Act (IRA). This law is designed to help 100 million homes save money on solar power and make homes more energy efficient. A survey was conducted by a major solar manufacturer to understand how Americans are responding to this bill and their interest in clean energy. The survey revealed that many people have become more conscious of their energy consumption due to rising electricity costs. People are increasingly interested in government support for adopting renewable energy, particularly solar energy. In fact, 61% of those [...]

By |2024-03-12T15:02:28-05:00October 5, 2023|Residential, Solar News|

Will Solar Be Cheaper in Late 2023? Maybe, But Don’t Wait.

An analysis by the National Renewable Energy Laboratory (NREL) suggests home solar costs 2-12% more in early 2022 versus 2021. Extreme market conditions pushed up the price of modules, inverters, labor, and permitting. The good news? Solar costs are very likely to decrease in 2023, making rooftop renewables affordable for more homeowners. In November 2022, the National Renewable Energy Laboratory (NREL) published its analysis of the cost of solar and energy storage (battery) system installations for the first quarter of 2022. The data shows higher solar prices compared to expectations. In fact, analysts noted that “extreme market conditions in 2021 and the early [...]

By |2024-02-03T03:27:59-05:00August 30, 2023|Residential, Solar News|
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