How Solar+Battery Systems Insulate Customers from Rising Retail Electricity Prices

How Solar+Battery Systems Insulate Customers from Rising Retail Electricity Prices

Batteries, Solar Panels
In the face of rising retail prices for grid electricity, investing in solar-plus-battery systems can insulate grid-connected customers from those increasing prices and effectively lock in a peak price that won't continue to climb, according to a recent analysis by RMI. The result for customers across diverse geographies will be substantial savings relative to what they would have paid for a full-fare utility bill. For utilities and regulators this will be challenging—and present an opportunity. RMI’s April 2015 report The Economics of Load Defection analyzed five U.S. markets out to 2050. It found that investing in combinations of solar and batteries will enable individual customers to contain electricity costs regardless of how high retail grid prices rise. Solar prices and battery prices are dropping and the trend is expected to continue for both. “The…
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How to Live an Eco-friendly Lifestyle

How to Live an Eco-friendly Lifestyle

Opinion
The environment around us holds the natural resources that are key to our existence. While we make use of its offerings and explore endless possibilities, it is essential to use it with utmost care and preserve it in every possible way. Sharing space on earth with different life forms, it is important to devise means for its protection and conservation. Learning how to live an eco-friendly lifestyle is critical, but can be easy with the right knowledge. Timely steps towards this cause will help us with a framework of action for the future. Implementing modifications in our lifestyle in line with eco-friendly theme will lay a strong foundation for our future generations as they will get an opportunity to experience freshness and greenery just in the form we did! Before our natural resources (trees, plants, water bodies,…
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Pilgrim nuclear power plant to close in Plymouth

Pilgrim nuclear power plant to close in Plymouth

Solar Power
[adinserter block="1"] The company that owns Pilgrim Nuclear Power Station said Tuesday morning that it plans to close the 43-year-old plant in Plymouth. The company said in a statement it will close the plant no later than June 2019. “The decision to close Pilgrim was incredibly difficult because of the effect on our employees and the communities in which they work and live,” Leo Denault, Entergy’s chairman and chief executive officer, said in a statement. Pilgrim supplies an average of about 5 percent of the region’s energy, and the 680-megawatt plant accounts for about 84 percent of the state’s non-carbon emitting energy. However, Denault said, “market conditions and increased costs led us to reluctantly conclude that we had no option other than to shut down the plant.” Company officials plan…
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How do SRECS Work?

How do SRECS Work?

Solar Power
In Massachusetts, New Jersey, Pennsylvania and most of the east-coast and Mid-Atlantic solar markets, the main incentives driving the solar market are SRECs, which stands for Solar Renewable Energy Credits. If you’re looking to get into the industry or expand your current business, you need to know how they work, how to communicate their use to customers and where you can find more information if you really want to dig deep. We’ve had a lot of people asking about them, and though the large developers have them figured out, we want to make sure the small guys are getting in on the action, too. What are SRECs? An SREC is a solar renewable energy credit. One is created for every megawatt hour (MWh) of electricity produced by a solar generator.…
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2015 Cost Of Solar Index For Massachusetts Released By Solar To The People

2015 Cost Of Solar Index For Massachusetts Released By Solar To The People

Commercial Solar, Construction, Residential Solar
A new study providing data on the cost of home solar in Massachusetts was recently released by Solar to the People — the purpose of the release being to spur greater price transparency in the state. The new study offers data on the costs paid by homeowners for solar installations in the state for dates between 2008 and May 2015, with figures for both full installations and also for cost per kW (kilowatt) of installed installed. Costs both before and after state + federal incentives + rebates are provided. The study sourced much of its data from the Massachusetts Clean Energy Center’s Commonwealth Solar II Rebate Program database. [adinserter block="1"] Here are some of the key findings of the study: The average price of installing residential solar in Massachusetts in…
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Flexible Solar Panels May Be the Wave of the Future

Flexible Solar Panels May Be the Wave of the Future

Solar Panels
The art of paper cutting, or Kirigami, is an extremely skilled ancient Japanese art form the creates beautiful pieces with just paper and a cutter. Artists transcend two-dimensional space to create flawless images, sometimes thinking about their piece backwards, from finish to start, in order to engineer it correctly. While Kirigami maintains itself in the art world, its technique can be applied to many other fields, such as science. Well, even more specifically, the world of solar. Scientists have developed what’s known as the Kirigami structure. Through this design, the solar system is more efficient and able to generate a lot more power than standard solar cells seen on rooftops across the country. The best benefit of these flexible solar panels? These Kirigami solar cells are expected to lead to a…
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Community Solar: Two Paths forward in Massachusetts

Community Solar: Two Paths forward in Massachusetts

Community Solar
Massachusetts has created a legal structure that says investor-owned utilities must allow Community Solar via Virtual Net Metering. There are two basic models – the Participant Ownership model and the Public Lease model. However a project is legally structured, the basic mechanics for delivering benefits to the projects participants is the same, thanks to virtual net metering. Once a community solar project has been commissioned, the utility measures how much electricity is produced, and then credits the accounts of the beneficiaries (owners or participants) based upon their amounts of ownership. Seems simple enough on the surface, but it took a lot of legal work from the State Legislature to create that benefit. Participant Ownership of Community Solar Projects "Participant Ownership" is the term used when a system is constructed with monies from, and will be owned by,…
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