Solar Finance: List of Solar Finance & Leasing Companies

Info for our solar dealers ( and for interested consumers!) As the many benefits of solar energy become widely understood, more people know solar is the right choice for their home or business.  Unfortunately, the significant upfront investment can be a barrier to many.  If you or your customer want solar and you don’t have the money to purchase your solar system outright, don’t despair.  There are more financing and solar leasing options today than ever.  As you decide which option suits the best, don’t forget to thoroughly research state and local incentives.  Adding rebates from your state and/or local municipality to your 30% Investment Tax Credit (ITC) from Uncle Sam can really reduce your net solar system cost, and your amount financed....

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The Evolution of SREC’s

Greetings Solar Citizens! Most of us in the solar industry are familiar with SREC’s- Solar Renewable Energy Credits- as a very effective method of reducing a solar system’s payback.  SREC’s are currently offered by a smattering of states across the US to incentivize their solar electric (go here for more information) and solar hot water ( go here for more information) market, (although there is limited participation  in solar thermal).  When a solar array produces 1000 kWh (or the equivalent in solar thermal), one SREC is earned. A typical 5 kW home will produce about 6 SREC’s per year. That SREC may be traded direct with your utility (in some states) or sold to a broker (like these guys) and traded state to state.  Your SREC value is...

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MiaGreen 2014- The Green Convention of the Americas

Greetings Solar Citizens- With most of the country weary of the “polar vortex” and the havoc it has wrecked this winter, your friends at Solar Panels Plus/ HotSpot Energy understand if you don’t want to hear about our experience at MiaGreen, The Green Convention of the Americas, held last week in Miami Beach, FL.  We were so busy with interested customers, however, we had little time to enjoy the charms of South Florida. The MiaGreen conference is unique because of its focus on renewable and sustainable markets for the Americas and the Caribbean. It attracts architects, manufacturers, contractors, and owners from all across the sustainability spectrum, with the solar, lighting and renewable building products industries well represented at this...

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Product Announcement: Stainless Steel Thermosiphon Solar Hot Water Heater

Hello Solar Citizens! Much like expectant parents waiting the birth of the new offspring, the announcement of a new product offering is an exciting event for Solar Panels Plus and our customers! We are pleased to announce the arrival of our new all Stainless Steel Thermosiphon Solar Hot Water Heater to our solar electric and solar hot water family of solar products.  Although not designed for the domestic market, this product is especially well-suited for our friends in the developing world.  It is built extra tough of 100% stainless steel to resist the salt and corrosion prevalent in coastal and island applications. The new thermosiphon units are designed for rooftop or ground mounting, for areas like the Caribbean, Middle East, and Central and South America. ...

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Hampton Roads’ Sustainable Living Fair

Greetings Solar Citizens! Your hard working crew at Solar Panels Plus decided to forgo the usual day of rest last weekend to help spread the sustainability message.  Solar Panels Plus and our sister company, HotSpot Energy participated in the local Sustainable Living Fair held at the Old Dominion University campus on February 9th. Green fairs and their siblings have been multiplying across the US the past several years; this was the 5th year for Hampton Roads.  In 2014, the Hampton Roads’ fair brought together over 40 organizations across the sustainability spectrum, from personal health to organics to environmental advocacy to renewable energy.  This grassroots patchwork of overlapping interests with a common goal is what makes the sustainable movement so...

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Saudi America: Death to Renewables?

In October, the United States produced more oil than it imported for the first time since 1995 (Source: U.S. oil output tops imports for the first time since 1995, AP, Josh Lederman). This milestone could signal a fundamental shift in the US’ relationship with our favorite fossil fuel, as less dependence on foreign oil could boost jobs, cut our trade deficit, and loosen our ties with Middle East regimes where our only common interest is what comes out of the ground. Several trends have intersected to reduce our national oil consumption, including less personal driving, a proliferation of smaller cars with higher fuel efficiency, and increased use of natural gas. In addition, US production has increased, as more land is drilled, and advances in drilling...

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The Green Grocer

Whether you realize it or not grocery stores consume an immense amount of electricity on a daily basis to keep our foods fresh. A local grocery chain in Lake Ozark MO., Paul’s Supermarket decided to save money and invest in a new 52KW rooftop solar array on their flagship store. Solar Panels Plus (www.Solarpanelsplus.com) designed the system layout & provided the equipment and Miriah Development installed the photovoltaic array. The system consists of (208) Canadian Solar panels, (9) grid tied Solectria inverters, and DPW racking which is scheduled to be commissioned by the end of 2013. Paul’s Supermarket plans to install similar photovoltaic systems on their other locations in 2014 and is committed to going green and saving money. “We believe in...

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