Solar Energy Resources & News
As Solar Prices Continue to Fall, Businesses are Taking Advantage
Written by CSG Staff | Published on August 13th, 2021
Over the last 10 years, solar energy has become increasingly popular for commercial businesses. There are several reasons for this increase: rising and varying utility prices, massive federal and state incentives for renewable energy systems, and overall marketability, especially to customers looking to engage with businesses that have incorporated renewable energy initiatives.
Incorporating Solar Into A New Roof Installation
Written by CSG Staff | Published on July 21st, 2021
The federal government provides tax credits for solar PV projects up to 26% for the 2021 and 2022 fiscal year, and 22% for the 2023 fiscal year. Projects that qualify for the solar ITC can also include some of the costs associated with a roof installation, essentially decreasing the total cost of the installation for both the solar panel system and the new roof.
Levelized Cost of Energy (LCOE), Explained…
Written by CSG Staff | Published on June 9th, 2021
Levelized Cost of Energy or LCOE is a commonly used term utilized by solar energy companies to determine the cost of power produced by solar units over a predicted period of time. This period of time is typically defined by the warranted life of the solar system. Simply put, LCOE is the measure of the cost of power created by a solar panel system.
How The IRS Safe Harbor Rule Can Maximize Your Solar ROI
Written by CSG Staff | Published on August 26th, 2020
Safe harbor is the act of locking in the maximum possible tax credit, even if the system can’t be completed until the following year. The IRS has created legal methods to freeze the 26 percent ITC for future projects terminating in 2021 or even a couple of years beyond. By starting construction in 2020, commercial entities can lock in the 26% ITC rate.
Virginia Clean Economy Act, Explained
Written by CSG Staff | Published on August 12th, 2020
On April 13th, 2020, Virginia Governor Ralph Northam signed the Virginia Clean Economy Act into law. This is Virginia’s first step towards 100% carbon-free electricity by 2050. Virginia has now become the first state in the South to take part in a clean-energy transition and one of the leading states in the nation on clean-energy policy.
Chesapeake Sport Pilot – The First Solar-Powered Flight School in Maryland
Written by CSG Staff | Published on August 5th, 2020
Chesapeake Sport Pilot, a national leader in sport and private pilot training located in Stevensville, Maryland, has officially gone solar. Known for their well-maintained planes and experienced instructors, they can now add another achievement to that list: the first solar-powered flight school in Maryland.
The Power of SRECs: How Solar Renewable Energy Certificates Can Help Your Business Thrive
Written by Jack Garraty | Published on July 29th, 2020
An SREC is a Solar Renewable Energy Certificate. Essentially, these certificates are federal incentives that allow residential and commercial owners to buy and sell energy certificates. Each SREC earned by the owner of a solar system is segmented into 1000 kilowatt hours energy packages. The pricing for SRECs vary depending on the specified market and state.
The Benefits of Implementing Solar PV Systems in the Agricultural Industry
Written by Jack Garraty | Published on July 22nd, 2020
Electricity costs, crop production and maintenance costs, water utilities; these are all serious concerns not only for smaller farming operations but for large-scale agricultural production companies as well. These expenditures can be sharply reduced through the adaptation of solar technology systems that can be easily implemented on most project sites.
5 Ways Solar Energy Systems Can Benefit Companies in the Mid-Atlantic
Written by Jack Garraty | Published on July 18th, 2020
Although renewable energy has become increasingly popular in the private sector, some companies and businesses are still wrestling with the idea of implementing solar energy systems into their infrastructures. Here at Capital Solar Group, we believe that companies should not go about this process without helpful insight.
Building-Integrated Photovoltaics (BIPV): Why It Makes Sense For New Construction
Written by Jack Garraty | Published on July 18th, 2020
Building-integrated photovoltaics incorporate traditional solar PV systems into vital assets for a building’s exterior structure. According to solar market researchers, “the global market for building-integrated photovoltaics will grow by an average of 15 percent annually to a volume of around seven billion US dollars by 2024.”
Utility Rates are Rising: How Can Commercial Solar Help Your Business Reduce Operating Costs?
Written by Jack Garraty | Published on July 11th, 2020
As utility rates are forecasted to increase in the long-term, businesses are looking at ways to lower their utility costs, and are starting to focus on their own energy-efficiency initiatives. One of the most common ways business owners achieve energy independence is through the installation of commercial solar PV systems.
What is Net Energy Metering And How Can It Benefit Commercial Business Owners?
Written by Jack Garraty | Published on July 11th, 2020
Net metering is a billing practice which credits owners of solar energy systems when photovoltaic (PV) systems generate more electricity then needed by the business. This excess energy is often stored in battery systems that can be used later.
Capital Solar Group, LLC
Capital Solar Group utilizes an EPC (Engineering, Procurement and Construction) approach that provides adaptable, customized solar photovoltaic (PV) solutions for each and every project. No matter the application or industry, we’ll help you get the most out of your solar investment.
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