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Solar News and Resources for Businesses

Community Solar: Five Options for Corporates

 

Community solar refers to a solar installation where local subscribers (ratepayers) can receive credit on their electricity bills for a portion of the renewable energy produced from the solar system. This allows multiple members of a community – from homeowners to renters to businesses – to share in the benefits of solar electricity generation even if they cannot or prefer not to install solar systems on their own property.

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  • September 20, 2018

The Clock is Ticking – Why Your Business Should Consider Going Solar Now (Before Fede...

Since 2006, commercial solar projects in the U.S. have been eligible for a federal solar incentive known as the Section 48 Investment Tax Credit (“ITC”) which provides a 30% federal tax credit. This tax credit delivers system owners a dollar-for-dollar reduction in cash income taxes that would otherwise be paid to the federal government, in an amount equal to 30% of a solar project’s cost basis.

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  • April 17, 2015

Why Plummeting Oil Prices Help Solar

Since last June, when global oil prices began their precipitous slide from over $110 a barrel to less than $50 a barrel, we have had numerous corporate clients ask how this phenomenon will impact the solar industry at large, and more specifically, how the decline in oil prices will affect the economic returns associated with onsite solar photovoltaic projects.

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  • February 10, 2015

When will solar be able to compete without “subsidies”?

We hear this question all the time, from our clients and potential clients, from our solar industry partners, even from our friends and family. And with the upcoming 2017 stepdown in the 30% Investment Tax Credit for solar projects – the primary federal incentive for solar – the question of solar’s need for continued subsidies is front and center.

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  • December 29, 2014

Solar Project Portfolio Assessments – what are they and why are they so important for...

For companies with large and geographically diverse real estate holdings, a properly executed Solar Portfolio Assessment provides a comprehensive analysis of the project-level solar feasibility across each individual facility. When solar project economics are favorable, companies can capitalize in several different ways, such as entering into long-term low-cost solar electricity purchase agreements, or by owning solar systems directly and earning attractive ROI.

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  • October 15, 2014

2014 Connecticut ZREC Market RFP Issued

On April 24th, CL&P and United Illuminating (“UI”) formally issued the Request for Proposal (“RFP”) for the 2014 Connecticut Zero-Emission Renewable Energy Credit (“ZREC”) solar incentive program.

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  • April 24, 2014
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