URGENT NEWS: The End of SREC’s

If you haven’t heard already, the Massachusetts Department of Energy and Resources (DOER)  has officially announced the end of the ever so popular Solar Renewable Energy Certificate (SREC) Program.  Yes, what a shame!

The MA SREC program has been touted for years as one of the best, if not the best solar incentive program in the country.  Basically, when you install a solar system on your home, business or nonprofit, you get paid for the production of your solar power plant.  Yes, PAID.

How SRECs Work: For every 1,000 kWh produced, you get 1 SREC. An average single family home producing 8,000 kWh a year of solar power, would get 8 SRECs, which is equal to over $1,500 a year. Best of all, the DOER gives you 10 years of SREC’s. So $1,500 a year is really equal to $15,000 over 10 years.

 
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Setting The Record Straight

With the recent changes in the political climate, many customers I speak with are uncertain of what to expect from the solar industry in the coming months and years. There are plenty of rumors circulating about the end of solar or the eradication of incentives. We here at Rayah Solar want to help you set the records straight.

First, let me start by saying that the solar industry is as stable as the sun itself, and going solar may be one of the wisest investments you could make. The benefits add up: cost savings from your utility, tax credits, local incentives and rebates,  protecting your roof, added value to your home, and not to mention the undeniable benefits to the planet.

Most of all, it is the incentives that attract the lion’s share of solar seekers.  Over the past several years both the Federal government and the State of Massachusetts have made solar a priority, creating policies and incentives to promote the adoption of solar. . And just look around – it has worked!

Now, let’s take a look at some of the incentives, what they mean to you, and how they may change in the coming years.

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SunPower Equinox: Excellence Runs in the Family

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What do you think of when you think of family? Mother, father, sisters, brothers. Maybe cousins, aunts, uncles, grand parents? If you’ve ever been in the military, a fraternity/sorority, or a sports team you know that family extends beyond blood relations. Looking at my own family, my definition is a little different. I see family as a group of individuals with the same foundation, receiving the same training, working together toward the same goal. Families are efficient, unified and protective of their goals and each other.

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The State Pays Homeowners to Go Solar

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Now, more than ever, is the best time to go solar. This is due to the various incentives that go along with switching to this form of clean energy. A common question I would expect anyone to have, whether or not they intend to go solar, is, “Well, what are the benefits?” Anyone could easily answer that it saves you money and saves the planet in the process. But what does that really mean? Now, picture this! You own a home, and on your land, you discovered oil. Jackpot! You don’t have to worry about buying gas for your car, or your 2016 Star Bolt C-Spec, if motorbikes are your thing. But first, you need a compact oil refiner. We all know you cannot put unrefined gasoline in a motor vehicle. That would cause problems to the engine, fuel pumps, and fuel system in general. Once you have your refiner, the next step is to refine the oil, duh! At this point, you’re all set. You no longer have to think about buying gas.  Now imagine there was a Federal Tax Credit, State Tax Credit, and a whole bunch of other local incentives.

This is exactly how solar energy is. With solar panels on your roof, you supply energy for your home, or business, without having to go through the grid. Plus, you have escaped the monopoly of your utility, and gained equity. Gaining equity simply refers to the amount of anything that you actually own. This equity also leads to an increase in the value of your home. So it’s a win-win. If that isn’t enough to see the benefit of going solar, then maybe a rebate is. Some towns in Massachusetts with Municipal Light Departments offer rebates to homeowners who go solar. In other words, you get money for striking oil and filling your tank with it.

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The Switch To SunPower

The Switch To SunPower

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Recently, we made the decision to switch to the SunPower Equinox System. This is the world’s only comprehensive solar system, with the solar panels, inverter, racking and monitoring listed as one UL product. This system boasts the new AC SunPower modules, with built-in micro inverters. Our decision to change our product line did not come lightly. This blog outlines how we went about this process and summarizes the results.

Our Process

Rayah has been using metrics in its decision-making processes for years.  In general, we try to establish a series of data points (or factors), and weigh each factor towards a final decision point. This metric based approach has helped us improve lots of little things over the years, and those little things add up.

I know some solar companies will say the panels don’t matter, especially in solar leasing, but it’s just not true. Would you trust a parachute given to you by the guy at a big-box-store,  or one given to you by a military paratrooper?   I think you would  trust the expert.

That’s how we feel about our products; we have to be the experts and truly believe in what we offer. After all, we are selling them to you, our customers, and we want to be able to deal with you honestly and with integrity.   We want to be able to look you in the eye and say, “This solar panel should last 40 years,” and wholeheartedly believe it.

In order for us to have that level of confidence, we compared ten leading solar panels on performance metrics. These solar panels were Hyundai, LG, Q-Cell, Solar World, Canadian Solar, Trina, Ying Li, Axitec, Panasonic, and SunPower.  These panels were compared along the following metrics:

  1. Value: Cost vs. Customer Savings
  2. Power Production/Efficiency
  3. Aesthetics
  4. Technology
  5. Durability/Reliability
  6. Company/Bankability
  7. Warranty

When we began our investigation, we thought that certain panels would perform better in certain areas, and others in other areas.  After our investigation, we planned to select the solar panel  with the best overall score.  Surprisingly, one solar panel won every single category, and in some metrics, by leaps-and-bounds. That panel was SunPower.  

It has been known for years that SunPower has the most efficient panels in the world, but what we didn’t know was that they outperformed the competition in all seven metrics. The following research outlines our discoveries:

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Getting To Tesla: A Brief History

 

 

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With the launch of the Telsa Powerwall, all of a sudden battery backup technology is a hot topic. There is a lot to know about the battery/storage industry, and what that means for the average consumer. This article is meant to shed some light on the progression of battery technologies, where we are today, and where the future may take us.

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Going Solar: The Lucrative Way To Save The Planet

Going solar saves the planet. Period. But in today’s world and economy the fact that it saves money, not the world is its greatest selling point. Most of us are, what we like to call, “pocketbook environmentalists.” We care about saving the planet, as long as it does our wallet some good in the process. And there is absolutely nothing wrong with that. In fact, we here at Rayah encourage it!

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Overcoming With Solar!

For some, pursuing certain goals in life are deemed difficult to nearly impossible because of current circumstances, whether financial or otherwise that are not easily changed by human strength or monetary convenience.

Here at Rayah, we take every circumstance a customer faces to heart, whether directly related to their solar ambitions or not. We work with homeowners to create a solution that not only helps them to achieve their solar goals that come with overcoming challenges that otherwise would have been insurmountable. Here are just a few of our customer stories about how they overcame by going solar.

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Low Supply, High Demand: The Effects of Fossil Fuel Supply on Electricity Costs

It’s that time again. No, it’s not the back to school season or the end of your vacation. It’s the time of the year when electric bills traditionally begin to rise, and you get that first bill after the prices have gone up. Have you ever noticed that you’ll see a certain price range on your electric bill from January to June, and then that price will change from July through December? This is because most major electricity companies such as and NStar (now EverSource) and National Grid here in Massachusetts purchase their electricity in six month blocks. The prices for these bulk purchases are affected by a number of different market factors: 1) the availability and the cost to produce the electricity and 2) the cost and availability of those materials that are used in generating this electricity. All these costs, in addition to the ever increasing costs of maintaining one of the nation’s oldest electrical grids, means that year by year the price of electricity steadily rises.

But, that’s no surprise. The surprising thing is in the past year and a half electric companies, namely EverSource and National Grid, have raised their rates sharply between 20 to 30% within as little as six months. National Grid recently announced that they will be raising their rates another 20% again, even though they lowered their rates a bit from the last pay price hike. The question still remains on everyone’s mind: What exactly is the cause for all these rate hikes? You can find the answer at your nearest gas station.

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Utility Companies Support Solar! What’s Stopping You Now?

There is no better time than now to establish a new relationship with your utility provider! Utility companies continue to rally behind the idea of using renewable resources for power by giving consumers the choice to determine where their power is coming from and how it will be distributed to them. Let’s take a look at National Grid, one of the largest investor-owned utility companies in Massachusetts and learn how they’ve expanded their options.

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