The cost of a solar Star Plus Energy system depends on the size of the system and its energy capacity. It can also depend on the customer’s financial preference: whether they prefer to pay with a lump sum, purchase with a loan, or enter into a power purchase agreement (PPA).
PV systems convert sunlight directly into electricity to power your home and business. They utilize a thin layer of photovoltaic cells that absorb energy from the sun and convert it into direct current electricity. These systems produce a consistent amount of energy for up to 30 years.
Solar Water Heating (SWH) technologies harness heat from the sun to provide hot water, pool heating, and space heating for residential and commercial use. These systems require less maintenance and can save you money over time.
Concentrating solar-thermal power (CSP) technologies use mirrors and tracking systems to focus sunlight into a small area. This focused sunlight is then used to heat a working fluid that can be used for power generation or stored for later use. CSP systems are most commonly found at large power plants.
Many states offer tax credits to encourage solar energy adoption. These tax incentives can significantly lower the cost of a solar energy system. Check out the Database of State Incentives for Renewables and Efficiency to find local, state and federal rebates that may apply to you. Then, talk to a solar specialist at Solaria Energy Solutions about the potential of these tax credits to help lower your total solar investment.