Most people know that solar energy is great for the environment and saves serious money on your energy bills. However, few people understand exactly how the sun’s rays can actually power their home. Solar rays are converted into usable energy in the fairly simple process outlined below.
Sunlight falls on your home’s energy panels. The solar panels convert the sun’s energy into Direct Current electricity which is sent to an inverter.
The inverter “conditions” the power by converting the Direct Current into Alternating Current electricity. Alternating Current energy is what’s used to power your house or return to the energy grid.
Solar energy systems often produce more electricity than is needed during peak sun hours. When this occurs, the excess energy charges up your homes energy storage system (if equipped with batteries) and is then automatically sent to the utility company, running your meter backwards.
Utility power is provided at night and during the day when demand exceeds solar production. Since your meter has run backwards, the energy you use at off-peak hours can keep your net usage at zero.
Yes! A 26% federal tax credit and a $1000 state of MA tax credit is available for every solar installation. You may also enroll in the Massachusetts SMART program, which allows you to collect payment for all of the solar energy you produce regardless of if you use it or send it out to the grid (this is separate from net metering). Commercial solar installations are eligible to depreciate their solar installations on top of the tax credits.
The size of your project will dictate how long it will take. Most residential installations typically take a couple of days.
Yes! 100% financing is available subject to credit approval.