Solar energy is a growing trend in today’s movement towards an eco-friendly society. Moves are even made for governments to give incentives to those resorting to solar energy systems. But why go solar in the first place? First, solar energy is affordable; significant federal and state incentives, escalating energy costs, and the increased property value associated with installing solar mean that solar has a strong return on investment. Secondly, as mentioned above, solar energy is renewable; hence, this means zero greenhouse gas emissions, a reduced carbon footprint for your home or business, and solar electric systems designed to last for decades mean that solar works. Thirdly, solar energy is independent; i.e. it reduces our dependence on foreign fossil fuels, freedom from the utility’s rising energy costs, and generating power at your home or business where you use it. And fourth, in the case of Massachusetts, they have Massachusetts Solar Incentives for installing a solar energy system. Furthermore, as part of the sweeping plan to bring clean, renewable energy to all Americans, the federal government will now pay for a full 30% of the cost of your solar system through tax incentives. This brings us to another key solar energy benefit: Solar Renewable Energy Certificates (SRECs) . The Department of Energy Resources has implemented an SREC market. This program offers an on-going production incentive for homeowners and businesses with photovoltaic systems. For every megawatt hour (mWh) of electricity produced, participants earn one SREC which can then be sold to electric utilities needing to meet state renewable energy mandates. This market adds a minimum of 28.5 cents and a maximum of 55 cents to the value of each kilowatt hour of electricity produced, dramatically reducing payback periods and skyrocketing return on investment for solar system owners. This brings us to next point – SunBug Solar. SunBug Solar makes your transition to solar energy easy and hassle-free by offering complete solar energy solutions from evaluation to instalment to maintenance. You won’t go wrong with SunBug Solar.
