Why Connecticut Schools Are Going Solar in 2023
Solect Energy | Spark
by Solect Energy
1y ago
K-12 schools across the United States are switching to solar power to meet their energy needs and sustainability goals. According to data from Generation180, a nonprofit organization promoting clean energy, nearly one in ten public schools now has solar panels, and Connecticut is ranked 8th in the nation for the number of schools with solar. This year, an increase in the number of solar installations at schools in Connecticut is expected, driven by factors such as rising energy prices, favorable federal and state incentives, the state's commitment to sustainability, and growing demand for sol ..read more
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Why Solar Carports Have More Financial Upside in Massachusetts Than Before
Solect Energy | Spark
by Solect Energy
1y ago
For years, savvy businesses in Massachusetts have been transforming their parking areas into assets that reduce costs and generate revenue by installing solar carports. These elevated canopy structures with solar photovoltaic (PV) panels produce clean, renewable energy that can be used on-site or sent back to the grid. Two recent occurrences have made the financial decision of adding a solar carport a no-brainer for business owners.  ..read more
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How Connecticut's updated Solar Incentive Program can benefit my business
Solect Energy | Spark
by Solect Energy
1y ago
Earlier this month, the Public Utilities Regulatory Authority (PURA) approved updates to the Non-Residential Renewable Energy Solutions (NRES) program, a statewide, six-year solar program that supports Connecticut's goal of carbon-free electricity by 2040. Launched in 2022 and administered by Eversource and The United Illuminating Company (collectively, electric distribution companies or EDCs), NRES offers generous solar incentives for Connecticut businesses and property owners to transition to low cost, renewable energy. In year one, NRES proved to be an effective way for businesses to save ..read more
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Don't miss out on Connecticut's Solar Incentives
Solect Energy | Spark
by Solect Energy
1y ago
The Non-Residential Renewable Energy Solutions (NRES) program offers generous solar incentives for Connecticut businesses, property owners, and state, agricultural, and municipal (SAM) utility customers to transition to low cost, renewable energy - a proven way to save money on your electric bills, stabilize your electricity rates, or add a new source of revenue. However, time is running out to get into the next round of incentives.  ..read more
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Tax credits for nonprofits to go solar???
Solect Energy | Spark
by Solect Energy
1y ago
The recently passed Inflation Reduction Act of 2022 (the “Act”) has generated a lot of buzz - and rightly so. This is a nearly $400 billion legislative package that expands tax incentives and discounts for solar, energy storage, and other renewable energy resources. For the first time ever, the law provides tax-exempt entities alternate ways to monetize solar tax credits.  ..read more
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Quick look at how the new Federal solar incentives can help your business
Solect Energy | Spark
by Solect Energy
1y ago
The recent signing of the Inflation Reduction Act (IRA) of 2022 has generated both excitement and confusion for businesses and property owners. There are 730 pages of dense legalese on a range of topics, with various provisions, that require further guidance by the U.S. Department of Treasury. Fortunately, the energy-related tax provisions within this behemoth are an energy transition "game changer" for businesses and property owners looking to transition to low-cost, clean energy in order to lower operating costs and protect against volatile energy prices. Here, we'll explore the solar incen ..read more
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Rooftops and Solar: A Match Made in Heaven
Solect Energy | Spark
by Solect Energy
1y ago
Solar adoption has grown substantially in the past few years, being installed on everything from parking lots to landfills and even lakes, but there’s something to be said for good old-fashioned rooftop solar ..read more
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The Top 3 Reasons You Should Consider Solar for Commercial Real Estate
Solect Energy | Spark
by Solect Energy
1y ago
As we slowly emerge into a (hopefully) post-pandemic world, many commercial property owners are looking for creative ways to save money and generate additional revenue. In addition, as concerns about climate change increase, more people are seeking to live and work in spaces that support sustainability ..read more
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Is Your Organization Prepared for Peak Demand?
Solect Energy | Spark
by
1y ago
It’s that time again – that time of year when both temperatures and electric bill charges are on the rise. Last summer was one of the hottest years in recent history, and it looks like this summer won’t be much different. According to the Farmer’s Almanac, temperatures are “predicted [to be] above-normal for about two-thirds” of the United States this summer, extending all the way from June through October 2021 ..read more
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High Performance: The New Building Standard
Solect Energy | Spark
by
1y ago
Between the passing of the new Massachusetts Climate Bill and the Biden Administration’s focus on transitioning to clean renewable energy, there's been a lot of discussions lately around revamping building codes to incorporate green design practices and construct high-performing buildings– and rightfully so ..read more
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