Sentences with phrase «purchase of a solar power system»

Below is the average solar payback for a number of key solar states based on an assumption of a $ 200 per month power bill and a cash purchase of a solar power system.

Not exact matches

Even with a system efficiency of 80 % the 1.4 GW array would generate about 7.28 GWh of electricity daily (or 2,657.2 GWh annually)-- worth over $ 106 million per year via a competitive utility - scale Power Purchase Agreement (PPA) at $ 40 / MWh (i.e. a contract between the electricity seller and buyer that sets the price of the solar energy from the grid).

But against the backdrop of the decade - long nuclear contests, the FIT system (as established by the EEG in 1991) that obligated supply companies to purchase wind, solar, and biomass power and then pass costs to consumers was fueling tremendous growth of renewables.

These power purchase or lease models drastically simplify the process of going solar (at a price), avoiding the work of managing tax credits, utility or state rebates, and system maintenance.

The ROI you get from a solar system is a function of the amount of power it produces annually and the money you would have paid to the utility to purchase the equivalent amount of power.

You should be able to buy good quality solar power systems from reputable installers in the range of $ 3.00 to $ 3.30 per watt for cash purchased systems and $ 3.50 to $ 3.70 for systems funded by a solar loan with a low interest rate.

Nearly three - quarters of residential solar PV systems were owned by third parties in 2014, either via leases or PPAs (power purchase agreements), according to GTM Research.

This post was originally published on this siteEnSync announced the signing of a 20 - year power purchase agreement (PPA) with The Michaels Development Company to build a solar and energy storage system at the Keahumoa Place -LSB-...]

One of the primary drivers of solar installations in other states has been third - party ownership of the systems, including third - party power purchase agreements (PPAs), under which the customer pays only for the power produced by the system.

Residential home solar power customers are increasingly choosing to purchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar sypower customers are increasingly choosing to purchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solarpurchase a solar electric system for their property over leasing or signing a Power Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar syPower Purchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solarPurchase Agreement (PPA) to take advantage of lower system costs, the 30 % Federal Investment Tax Credit (ITC) and the better payback economics of owning a solar system.

Our experience includes negotiating virtual power purchase agreements and master agreements for the development of distributed solar systems at corporate facilities and deployment of energy storage and other distributed resources.

IKEA owns and operates each of its solar PV energy systems atop its buildings — as opposed to a solar lease or power purchase agreement — and globally has allocated $ 1.8 billion to invest in renewable energy through 2015.

Another type of solar lease, called a power purchase agreement, or PPA, requires customers to pay a set amount for every killowatt hour the solar system produces.