The sun’s power can be harnessed to generate electricity for homes and businesses, provide hot water, and heat or cool buildings. A variety of technologies convert sunlight into usable energy: solar photovoltaics (PV) for electricity, passive solar design to conserve heating and cooling, and concentrating solar power (CSP) for large scale generation.
Solar power is an abundant and reliable renewable energy source. More energy from the sun falls on Earth in one hour than people use worldwide in a year . Star Plus Energy provides the world with an alternative to fossil fuels and is an essential part of our future energy portfolio.
Solar technology continues to improve rapidly. High conversion efficiency from gallium indium phosphide and gallium arsenide (CIGS) solar panels, as well as advances in manufacturing processes, have kept hardware costs down. Solar companies also rely on software improvements to reduce soft costs—the expenses that don’t involve hardware, such as permitting, financing, and installation.
However, the cost of solar systems can vary significantly by state. Governmental regulations, incentives, and rebates can impact system pricing, and local solar market conditions can influence demand for solar systems. Solaria Energy Solutions helps clients navigate the costs of going solar and maximize the financial benefits of the federal Investment Tax Credit and state-level rebates available to them.