Is your solar system keeping up with your energy goals? If not, repowering—replacing inverters or solar panels—might be a smart move. Read on for 6 compelling reasons to consider it.
Six Reasons to Repower Your Solar System
Author: Elaine Vescio
Electrification Could Cause ‘Double Trouble’ for Businesses in the Northeast
Taking advantage of upfront incentives from government and utility programs, businesses in the Northeast are rapidly adopting electric technologies for buildings, industrial processes, and vehicle fleets, reducing their dependence on fossil fuels. This shift—primarily driven by the need to enhance operational efficiencies, achieve sustainability goals, and comply with evolving regulations—is transforming how companies approach capital planning and energy consumption. Despite the reduced upfront costs and promises of technological advancements, this growing reliance on electricity can lead to huge increases in operational expenditures (OPEX) due to ‘double trouble.’ This article explores the concept of ‘double trouble’ and shows how strategic implementations of solar and energy storage solutions can help control these costs while enhancing the sustainability benefits of electrification.
Electrification Can Cause ‘Double Trouble’ for Cities and Towns
Taking advantage of upfront incentives from government and utility programs, municipalities in the Northeast are rapidly adopting electric technologies for buildings and transportation, reducing their dependence on fossil fuels.
Navigating the IRA’s Elective Pay Process
Elective Pay Overview
Elective pay, also referred to as ‘direct pay’ is a provision in the Inflation Reduction Act that enables tax-exempt organizations, states, and government organizations to directly receive monetary payment for the investment tax credit for eligible solar installations and energy storage projects.
Minimizing ‘Double Trouble’ When Powering Sustainability
With their ongoing commitment to sustainability, universities and colleges set ambitious goals to reduce their carbon footprints. This path to decarbonization requires a significant shift towards electrification which is the replacement of technologies that directly use fossil fuels (like natural gas, oil, and coal) with those that use electricity. Therefore, electrification is a key step in phasing out fossil fuel dependence.