How Some Solar Companies Are Committing MACRS Depreciation Tax Fraud
Solar energy offers homeowners and businesses significant financial incentives, including the federal Investment Tax Credit (ITC) and depreciation benefits for commercial entities. One such benefit is the Modified Accelerated Cost Recovery System (MACRS), which allows businesses to recover the cost of solar energy systems through depreciation over a five-year period. This can provide substantial tax […]
MACRS Depreciation & Solar Energy: How Businesses Can Maximize Tax Savings
Investing in solar energy can be a game-changer for businesses looking to cut energy costs while benefiting from valuable tax incentives. One of the most significant financial advantages for businesses installing solar panels is the Modified Accelerated Cost Recovery System (MACRS) depreciation, which allows companies to recover the cost of their solar investment more quickly […]
Complete Guide to Battery Backup
Battery backup systems are becoming an increasingly popular solution for homeowners and businesses seeking energy resilience and efficiency. These systems provide stored energy that can be used during power outages or times of high electricity costs. With extreme weather events and rising energy prices, having a reliable backup power source is more critical than ever. […]
Microinverters vs. Power Optimizers: Which is Better for Solar?
When installing solar panels, the choice between microinverters and power optimizers can have significant implications for performance, reliability, and cost. Both technologies enhance the efficiency of solar panels by addressing challenges such as shading, orientation, and mismatch losses. However, they operate differently and offer distinct advantages and disadvantages. This article will explore microinverters and power […]
Portland General Electric (PGE) Raises Rates 5.5% for 2025
Portland General Electric (PGE) has increased its energy rates 5.5% starting January 1, 2025 for residential energy customers. PGE originally requested a price increase of 7.4% in early 2024, but revised this request to 10.9% in August 2024 before being finalized at 5.5% by the Oregon Public Utilities Commission (PUC) in December 2024. This comes […]
Pacific Power Raises Rates 9.8% for 2025
Pacific Power (PacifiCorp) raised rates 9.8% in 2025 for residential energy prices. Energy rates for commercial customers are also expected to rise. This comes after several years of steep rate hikes by Pacific Power. This significant spike in costs has left many residents and businesses in Oregon grappling with the potential implications on their budgets and […]
Does Homeowners Insurance Cover Solar Panels?
As solar energy becomes an increasingly popular choice for homeowners, understanding how your solar investment is protected is crucial. A key question arises: Does homeowners insurance cover solar panels? Let’s dive into the details of what is typically covered, the risks involved, and how to ensure your solar panels are adequately insured. In This Article: […]
How to Spot a Fake Solar Companies
As the solar industry grows, so does the number of fake companies looking to exploit unsuspecting consumers. These solar scams can result in significant financial losses and leave homeowners with poorly installed solar systems that fail to meet expectations. Spotting a fake solar company is critical to protecting your investment and ensuring you receive the […]
Can Solar Panels Withstand Snow and Ice?
When considering whether to install solar panels, one question frequently come up: Can solar panels withstand snow and ice? For homeowners in colder climates, the durability and efficiency of solar systems during winter months are valid concerns. The good news is that modern solar panels are designed to handle snow and ice, ensuring reliable performance […]
Trump’s Solar Tariff Plans for Second Term & the Impact on Solar Prices
A second Trump term could bring significant changes to the U.S. solar industry, with expanded tariffs on imported solar panels and components likely to be at the forefront of his trade policy. These tariffs, aimed at protecting domestic manufacturers, have already reshaped the industry by increasing costs and influencing adoption rates. If implemented, new tariffs […]
