In our previous article on going solar in Texas, we noted that Austin might be the most solar friendly city in the whole state. The reasons for this statement certainly haven’t changed – the municipal utility provides excellent net metering incentives and upfront rebates.
San Antonio, however, is giving Austin an all-out run for the money, with local homeowners eligible for incredible upfront rebates from CPS Energy worth thousands of dollars! In fact, San Antonio saw huge growth in solar throughout 2014 and 2015 and ranks 7th in the nation for solar capacity!
If you’re a San Antonio resident and are thinking about installing solar panels, take the plunge since these upfront rebates are some of the best in the country and you can get a solar installation on your roof for just a fraction of the total cost!
For a broader state overview, see our Texas Solar Energy page.Continue reading
In the late 2000’s the solar industry introduced the solar PPA, or power purchase agreement, as a way for homeowners to easily install solar without any of the extremely high upfront costs solar installations usually require. Along with solar leases, PPAs quickly became a dominant source of financing for residential solar and accounted for an increasing number of residential solar installations in 2015.
Solar PPAs, along with leases, are considered 3rd party financing as individual solar installers (not the homeowner or utility) provide the upfront capital necessary for the installation. PPAs are somewhat of a strange system and might be a little confusing initially, but after some research, you’ll soon see why PPAs have become so popular across the country!
Today, let’s look at how PPAs are structured, how they differ from leases, and give a few tips to remember if you choose to move forward with a PPA.Continue reading
Solar panels are cheaper than ever before. Between emerging technologies and tax credits galore, you can put solar panels on the roof of your home for far less than what it used to cost even a decade ago.