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5 Solar Goals in the New Year

It’s this time of year you become flooded with content about resolution and goals. Much of this content has to do with health, fitness, and wellness.

Our intention with this post is not to add to that noise but instead, give you the opportunity to learn something new. Your goals and resolutions are up to you. Many of us have a little more time on our hands these days. What better goal could you set out to accomplish than to learn something new?

If solar is on your list this year – we hope this article can help you.

1. Educate Yourself About Solar Energy

How does it work? Is solar the future? Does solar energy even work in Ohio? What about in the Snow? Do I need batteries if I go solar?

There sure is a lot to learn. We speak with so many people every day who are just starting on their solar journey. Our eBook, Your Guide to Going Solar, is a reliable place to start for those who are just starting out. Download it here. 

If you’re interested in digging deep on a particular topic, check out our solar 101 webinar series. This list of webinar recordings is comprehensive and covers many frequently asked questions.

2. Keep Track of Your Energy Prices

It’s always good to reflect – especially on the money we spend. Look back at your energy prices over the last few years. Do you notice any changes in the rates that you are paying for your electricity?

Solar energy allows you to own your power instead of paying a varying, potentially increasing, monthly bill to the utility company.

We predict that between infrastructure maintenance and grid modernization over the next decade or two, energy prices will continue to rise. Escalating energy costs is a crucial factor to consider when evaluating a solar energy system for your home.

3. Understand Net Metering

Net metering is what makes residential solar energy systems so prevalent in Ohio. It’s a simple concept, but it’s new to most people.

Net-metering allows you to store the energy you produce in the electric grid in the form of credits. When your panels produce more energy than you need, excess electricity travels back into the power grid. You get credit for that energy. When you pull energy from the grid, when your panels aren’t producing energy, you can use those credits to pay for grid energy.

If you’re interested in understanding net metering better, you can read this blog or take a look at this webinar recording. In this recording from last year, Cleveland Ohio based Solar Consultant David Zelasko breaks it down, point by point.

4. Research the Financial Benefits of Solar Energy in Ohio

Will solar save you money? If you are on Facebook, you have undoubtedly seen those claims. If you have always wondered what the payback is, now is a great time to find out. The best way to understand is to get a custom quote for your home. We evaluate three main factors to bring you a custom quote:

  • Available roof or ground space
  • The annual electricity you use
  • Your budget for solar

We’re thrilled that solar energy is more accessible to more and more people in Ohio. As the market has grown over the past 20 or so years, so too have financing options. In 2021 Third Sun Solar offers customers new and improved financing options and an opportunity to have 12 months without payments on their solar energy system.

5. Get A No Obligation Solar Estimate

If you’ve always wondered if your home is a good candidate for a solar energy system – find out!

Most installers get pretty busy in the spring and summer months when the sun is high in the sky, and people are thinking about all the solar energy their roof could be capturing. Little do most know that wintertime is the best time to start planning for that spring installation.

Maximize your savings in 2021 by planning early and getting an install in time for Ohio’s peak sun days in spring, summer, and fall.

There is a lot more to find out…

That’s why we have resources available on our blog and our YouTube page. We know that sometimes it is easier to get questions answered by a real person. Feel free to reach out – we are just a phone call away- 877-OWN-SOLAR.

Happy new year to you and yours from the Third Sun Solar team!

 

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26 tax credit ohio solar installation

Solar Tax Credit Extension is Included in the Covid-19 Relief Bill

We are thrilled to announce the Extension of the 26% Solar Investment Tax Credit!  

The United States federal spending and tax extension package was passed by congress alongside the $900 Billion Covid Relief package last week and signed into law by the President on Sunday night. This package will bring huge relief to Americans who are struggling in the face of the pandemic. It also includes several critical extensions to the solar investment tax credit (ITC).  

What This Mean for Solar Shoppers and Customers 

The ITC dropped from 30% to 26% in January of 2020. The solar industry has been bracing for another step down in the (quickly approaching) new year. Just a few days away from the end of the year – solar shoppers who have not yet gone solar, or have not had their project installed–  have more time! 

With the Extension outlined in the stimulus bill, solar buyers will receive 26% back from their system’s full turnkey cost if installed before the end of 2022. So, solar projects constructed in 2020, 2021, or 2022 are now eligible for the full 26% ITC.  

Solar projects constructed in 2023 will be eligible for a 22% tax credits. After 2023, there will be no tax credit for residential solar installations. Commercial-scale solar projects will be eligible for a 10% tax credit from 2024 onwards.  

Tax Credit Law – Locations  

  • Original code for residential solar properties can be found in Title 26 Section 25D of the U.S. Tax Code
  • Original code for commercial solar projects can be found under Title 26, section 48 
  • Extension language for residential solar can be found in the relief bill on page 4915 
  • Extension language for commercial solar can be found in the relief bill on page 4908  

Clean Energy Growth 

We are excited by the inclusion of so many renewable energies in the bill. The inclusion of solar energy and so many clean energy alternatives in this bill will certainly spur tremendous growth and clean energy investment for years to come.  

The solar tax credit has been the most significant stimulus for residential and commercial solar that the industry has seen. According to the Solar Energy Industries Association, since its implementation in 2006, the residential and commercial solar tax credit has helped the U.S. solar industry grow by more than 10,000 percent, with an average annual growth of 50% over the last decade alone.  

We expect to see solar industry professions keep their stance at the top of lists predicting job growth in the years to come. This Extension will undoubtedly help us deploy more solar energy more quickly across homes and businesses across the state of Ohio and beyond. Third Sun Solar and our partners across the country are excited to continue to deploy solar energy and supply a means of gainful employment to our communities in these times of economic hardship.  

 

To find out more about the Solar Investment Tax Credit, the Extension, and what it all means for your solar project, get in touch!  

 

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Find a good solar installer

Third Sun Solar

A Third Sun Solar installer crew at work

We get many kinds of questions from prospective customers—some who are merely curious about solar energy, others who are more serious about going solar. Often we are asked about our track record as a solar installer, and we’re asked to compare ourselves to our competitors. While national standards are sorely lacking, we have always ranked among the best solar installers in Ohio and the region; we have had experienced utility officials tell us we’re the best Ohio solar installer and the best Ohio solar company. But we don’t hang our hat on heresay—our project experience speaks for itself, and the compliments that mean the most to us come from our customers (see our home page for some of those). Here are the bare facts:

  • We have been in business since 2000.
  • We have completed over 350 successful renewable energy projects.
  • Our founder, Geoff Greenfield, has been building solar projects since 1997.
  • Geoff now sits on the Board of Directors for NABCEP, the “gold standard” certification body for solar installers.
  • Geoff also sits on the board of SolarTech, an initiative of the Silicon Valley Leadership Group—working to establish quality standards for the solar industry.
  • We offer a strong workmanship warranty on all of our solar projects.
  • Our reputation is worth more to us than money.
  • We are in it for the long haul. We build top-quality solar energy systems that are designed to produce clean electricity for 30+ years. We’ll be here to make sure they do.