Solar energy isn't just a popular topic, it's a practical and efficient way to decrease your utiitiy bills. Built to last for over 25 years, solar power systems can be custom built for your home or office. Current incentives and technology advacements are making this an optimal time for purchasing and see your return on investment quickly through energy savings and tax incentives.
What We Bring to the Table
Ecological Energy Systems brings the capability of providing the top industry solar systems for residential, commercial and large municipality projects. Our team of experienced professionals provide site assessments, financial analysis, project financing consultation, grant writing, project management, installation and maintenance for projects any size. Whether it’s a 5kW system for your home, a 50kW for your business or a multiple Megawatt PV array for the community, EcoLogical Energy Systems is your answer for solar power.
We pride ourselves on providing top quality products and the highest level of customer service. No two PV projects are the same and each reqiures it's due diligence to meet the needs and requirements of our clients. We work with our clients from the beginning to end and take care of all electrical and structural designing, procurement of equipment, handling of all permiting and utility paperwork, installation and commissioning of all projects.
Current Regional Solar PV Market - 30% Federal Income Tax Credit (ITC) and Tax Savings from Depreciation
In the Tri-Cities region, there are a few different scenarios for solar PV customers. It all comes down to your power company. Customers on the Appalachian Power Company (AppCo. of AEP) utility grid get the pleasure of enjoying a basic net-metering system. This means, after we install the solar PV equipment and final permits are approved, AppCo inspects the installation and installs a net meter, replacing your existing meter. This new meter is required so it can record the electricity that a system distributes onto the grid and customers are compensated for this over production (when you are producing more electricity than using) at the same rate per kilowatt hour. Net-metering customers use their solar power first and use the grid for the rest of the energy needs. There currently no incentives for other than the federal tax credits and savings.
Those on the TVA grid (BTES, BVU, JC Power Board, etc.) are eligible for the TVA Green Power Provider program. This program uses a dual metering system where the local power company installs a second meter, the Generation Meter, and a customer's solar PV electricity is fed into, and 100% is distributed onto the grid. Power bills will remain the same as customers still purchase 100% of the electricity they need from the power company, but a new line is added to show how much was produced and the production is a credit against what is owed; some months they can owe you money and some months you can owe them money. TVA currently purchases solar PV electricity at $0.02/kWh for the first ten years of the system and also provides a $1,000.00 cash rebate.
Current National Solar PV Market
The U.S. solar industry has much to celebrate about the year 2013. Photovoltaic (PV) installations continued to proliferate, increasing 41% over 2012 to reach 4,751 MW. Solar was the second-largest source of new electricity generating capacity in the U.S., exceeded only by natural gas. And the cost to install solar fell throughout the year, with average system prices ending the year 15% below the mark set at the end of 2012.
•The U.S. installed 4,751 MW of solar PV in 2013, up 41% over 2012 and nearly fifteen times the amount installed in 2008
•There is now a total of 12.1 GW of PV and 918 MW of CSP operating in the U.S.
•There were 140,000 individual solar installations in the U.S. in 2013, and a total of over 445,000 systems operating today
•Q4 2013 was by far the largest quarter ever for PV installations in the U.S., with 2,106 MW energized, up 60% over the second-largest quarter (Q4 2012)
•More solar has been installed in the U.S. in the last eighteen months than in the 30 years prior
•The market value of all PV installations completed in 2013 was $13.7 billion
•Solar accounted for 29% of all new electricity generation capacity in 2013, up from 10% in 2012. This made solar the second-largest source of new generating capacity behind natural gas.
•Weighted average PV system prices fell 15% in 2013, reaching a new low of $2.59/W in the fourth quarter
•We forecast 26% PV installation growth in 2014, with installations reaching nearly 6 GW. Growth will occur in all segments, but will be most rapid in the residential market.
•The U.S. also installed 410 MW of concentrating solar (CSP) in 2013, increasing total CSP capacity in the U.S. by more than 80%