Solar Electric

When you consider solar, the sun shines a little brighter.

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Solar energy systems are effective solutions to rising energy costs. Taken to its most optimum benefit, solar also reduces infrastructure and transmission line costs in the transport of electricity within a community. In addition to reduced energy bills, photovoltaic systems, can and do offer increased property values as well as substantial tax credits and incentives.

How solar works for you:

A grid-tied solar electric system is mainly comprised of solar electric, or photovoltaic (PV) modules, mounting structure and an inverter. Typically mounted on a roof, photovoltaic modules capture the sun’s energy in the form of direct current (DC) electricity.

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An inverter makes the conversion of DC energy from the modules to AC energy, connecting to a service panel, and feeds the buildings energy loads.

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Whenever the sun is shining on the solar modules, AC power from the inverter is running the loads in the building, causing the utility providers meter to either slow down or run backwards. If the PV array is producing more energy than the building is consuming, the excess is sold back to the utility. A bi-directional meter is installed by your utility provider to track and record how much electricity you use from your utility as well as how much electricity your installation feeds into the grid. The inverter is usually installed on an outside wall or in your garage or basement and as close as possible to your circuit breaker panel.

If you are producing more energy than you are using during the day, your extra electricity will flow onto the utility grid and you will be credited for that production. Because each utility company handles these credits in a slightly different manner, E2 will be happy to explain the differences. Feel free to call us today.

Incentives:

Pacific Power customers now have incentive options to choose from when electing to purchase a photovoltaic system. Call us at 541-388-1151 for a free consultation on choosing the program that is right for you. Once you decide, we’ll take the guesswork out of the process by filing all relevant applications on your behalf. In short, we will handle the process for you from beginning to end.

Private, locally-owned utilities may also offer incentive programs for renewable energy. The following outlines programs for Pacific Power only.

INCENTIVE OPTION A:

Pacific Power customers can choose a cash incentive through Energy Trust of Oregon and are eligible for Oregon state and federal tax credits. Selecting this option will lower your up-front costs and offer a quicker out-of-pocket expense recovery. Energy Trust of Oregon cash incentives are subject to availability and can change without notice. For the most current incentive rates in your service territory visit Energy Trust of Oregon or call us at 541-388-1151 for further details.

INCENTIVE OPTION B:

In 2010 Pacific Power launched a pilot solar feed-in tariff program called Oregon Solar Incentive Program . Pacific Power, as the participating utility, is required to purchase excess solar electricity produced by its customers at a premium price over a 15-year contract period. Systems must be installed by a licensed solar contractor who is also a trade alley of Energy Trust of Oregon . Rates are determined by county, system size and may vary per allocation period. Enrollment periods are limited and distribution occurs through a lottery application process. Participants of this program will not qualify for Oregon’s Residential Energy Tax Credit (RETC) but are eligible for the 30 percent Federal Investment Tax Credit (ITC) of eligible system costs.

TAX CREDITS

OREGON RESIDENTIAL ENERGY TAX CREDIT (RETC): Oregon homeowners with an Oregon tax liability are eligible to receive a tax credit when installing a renewable energy system. The tax credit amount is $2.10 per (DC) watt up to $6000 with a maximum annual credit of $1500. This program is set to expire on Jan. 1, 2018.

(ITC): Established by the Federal Energy Policy Act of 2005 allows taxpayers to claim 30 percent of eligible system costs for a renewable energy system with no cap effective through December 31, 2016 .