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Solar Industry News

09 May 2014

Stellar Energy generates global recognition for its solar clients from White House!

Posted in Solar Industry News

Stellar Energy to contribute 50 MW of solar to the White House Clean Energy Initiative

Stellar Energy joins the White House Clean Energy Initiative by bringing 50 MW of solar to over 40 farms and food processors in the next 3 years.  Bonipak and Taylor Farms are set to collaborate with Stellar and Soligent on the first two projects!

Read More in the Press Release Here

05 September 2013

SEPA Report Reveals Annual Solar Capacity

Posted in Solar Industry News

Surpassed 2 GW for First Time in 2012

The Solar Electric Power Association (SEPA) released the 2012 Top 10 Utility Solar Rankings Report, which ranks utilities nationally and by utility type for more than 260 of the most solar-active utilities, representing 96 percent of the U.S. solar electric power market. The sixth edition of the report, the 2012 rankings analyzes the amount of new solar power interconnected by U.S. electric utilities. 

Three key findings:
1. Annual solar capacity surpassed 2,000 MW-ac for the first time in 2012;
2. The market share for large-scale solar projects grew 160 percent to 1,130 MW from 2011; and
3. Net energy metering (NEM), or customer-sited solar, remains a large part of the solar market, accounting for 99 percent of newly installed projects, with the most growth concentrated in five states (CA, HI, AZ, NJ, CO).

23 April 2012

California Utility Rebate Expiration

Posted in Solar Industry News

Bonus Depreciation Due to Expire by the end of 2012

A commercial solar energy installation on your roof or nearby land can greatly reduce your utility electric bill, yet perhaps you delayed the benefits of saving money with solar energy because didn't have the time to go through the process of exploring whether or not solar makes sense for your organization.

Imagine throwing away thousands of dollars of savings potential because you were too busy.

Solar rebates provided by the Federal government, the State of California, and your local electric utilities have been declining and will soon be completely gone. Find out why now is the best possible time to get all the benefits of solar power, before the rebates expire.

One of the Federal incentives, a "bonus" depreciation schedule for the solar energy asset, is still available, but due to expire at the end of 2012. Specifically, your solar photovoltaic (PV) system must "placed in service" before 12/31/2012 in order to qualify for this valuable incentive.

Discover your potential solar savings with a complementary solar and financial feasibility analysis from Stellar Energy. Our solar analysts and project development team are rebate specialists, who can walk you through the exact incentives available in your area as part of our free project evaluation.

It is fast and easy to discover your solar potential with a no-obligation solar proposal.

Contact Stellar Energy today and find out how much you could be saving ... before it's too late.

03 January 2012

30% Grant in Lieu of Tax Credit Expired

Posted in Solar Industry News

Investment Tax Credit still valid through 2016

As it stands now, the wildly successful 30% Grant in Lieu of Tax Credit for renewable energy property (affectionately known as the 1603 or Treasury Grant Program) will not see the light of day in 2012, nor will 100% first-year bonus depreciation. This is not so much a policy development as a lack of policy development, but all is not lost. The clean energy industry will still be able to benefit from the 30% business energy investment tax credit and the residential renewable energy tax credit through the end of 2016, as well as 50% first-year bonus depreciation through 2012.  See DSIRE's Database for complete details.

01 December 2011

New: DSIRE Solar Incentive Finder Widget

Posted in Solar Industry News

Learn About All Possible Incentives for Going Solar

There are many Financial Incentives for Commercial and Industrial Solar Power Plants.

Stellar Energy can work with your Chief Financial Officer and help you maximize depreciation with the Modified Accelerated Cost-Recovery System (MACRS) + Bonus Depreciation. We can help explain the Corporate Tax Credits, such as the Business Energy Investment Tax Credit (ITC), and the U.S. Department of Treasury - Renewable Energy Grants

The new DSIRE search widget  allows you an even easier way to search the DSIRE database for incentives in any U.S. state or territory. Simply click the image on the side to access the widget and follow the instructions provided. Enjoy!  

Link to the DSIRE system