The environmental benefits of going solar concordmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from concordmonitor.com Daily Mail and Mail on Sunday newspapers.
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New GMP Pilot Program Will Also Use the Smart Panel as a Meter, Transforming How Customers Use Energy, Accelerate Transition from Fossil Fuel to Clean Energy
Vermont Business Magazine Green Mountain Power (GMP) has launched a new pilot program to empower residential customers with new technology to simplify the transition to clean energy for home heating, vehicle charging, solar generation and energy storage. GMP is the first utility in the country to work with Span to offer the Span Smart Panel. The Span Smart Panel replaces the traditional home electric panel, and will give customers an easy way to understand and control energy use from anywhere, while helping all GMP customers as the technology can foster a more flexible, resilient, green grid.
NH Business Review
Why it pays, both for your wallet and the planet
April 20, 2021
In honor of Earth Day, let’s shine a light on the ways that adding solar panels to your home or business makes a big difference for our planet (and some surprising ways it saves us all money along the way).
Before jumping into the environmental benefits, let’s address the question you may be thinking: But isn’t going green expensive? Short answer: No. In fact, sticking with same energy sources could cost us.
According to a University of New Hampshire report, climate change in the Granite State means more floods and hotter summers. In southern New Hampshire, precipitation has increased as much as 20% since 1970. Plus, this increased rain is projected to come in heavier bursts. These kinds of storms can cause excessive runoff, flooding, erosion, and damage to roads, bridges, and dams.
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by Paul Lesure, Green Mountain Solar As one of the founders and president of Green Mountain Solar, I want to take a minute to celebrate the consistent efforts of Vermont’s congressional delegation to address the climate crisis with the urgency it requires. Thanks to the efforts of Senators Patrick Leahy, Bernie Sanders and Congressman Peter Welch, a federal tax credit will continue to cover 26% of the installed cost of a new solar system through the end of 2022. This investment tax credit (ITC) is the most significant national solar incentive, providing a valuable return on investment for homeowners and small businesses that invest in clean, local, renewable energy.
Thu, 12/31/2020 - 3:24am tim
The biggest solar incentive is getting a boost instead of a setback thanks to the $900 billion COVID-19 relief package.
Vermont Business Magazine Signed by President Trump on Monday, December 28, the massive piece of legislation will extend the investment tax credit (ITC). The ITC was supposed to step down from 26% to 22% in 2021 and then completely disappear in 2022.
Now, under the new bill, the ITC will be 26% for all 2021 and 2022 projects before stepping down to 22% in 2023. In 2024, the ITC will end for residential projects and fall to 10% for commercial projects.
“This is huge!” says Paul Lesure, President of Green Mountain Solar. We’ve seen a decrease in the net metering incentive rates in Vermont recently that would hamper solar adoption, so we’re excited to see legislation that will foster solar growth on a national level. We hope that this kind of momentum will have ripple effects to make solar even stronger here in Vermont.”