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7 mentions found


☆ Installing solar isn't the only big financial decision to make about controlling home power
  + stars: | 2023-10-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com   time to read: +9 min
That means it may be a good time to consider a home backup power storage system. Fossil fuel vs. battery power If you're not opposed to fossil fuel-powered options, there are several categories to consider based on your power needs. EVs as a backup power option for the home Some electrical vehicles can be used to back up essential items, or, in some cases, a whole home. "If you're contemplating spending $10,000 on a whole home gas generator system, why not think about an EV with this capability instead?" Some states provide additional solar battery incentives.
Persons: Ian Thomas Jansen, Lonnquist, Benjamin R, Dierker, Vikram Aggarwal, EnergySage, it's, Aggarwal, EVs, Ford's, Jim Farley, Stephen Pantano, Pantano, Sarah Delisle, Ted Tiffany, Tiffany Organizations: Motors Inc, Bloomberg, Getty, Alliance for Innovation, National Centers for Environmental, Consumers, GM, Ford, Swell Energy, Decarbonization Coalition, of Energy, Homeowners, Energy Department Locations: United States, California , Texas, Louisiana, California, California , Vermont , Massachusetts, New York, America
☆ A big EV purchase decision that's not about the car model you buy
  + stars: | 2023-09-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com   time to read: +3 min
As all-electric vehicles become more popular and incentives for renewable energy proliferate, many early EV adopters may be reconsidering their home charging needs. The decision to upgrade from a standard Level 1 charger to a Level 2 charger at home is on many owners' minds. It can be an important decision given that about 80% of all charging takes place at home, according to Department of Energy estimates. You might not need Level 2 charging capabilities at home, however, since they can often be found at retail establishments, workplaces, restaurants and grocery stores. Another option is a Level 2 at-home charging station that's permanently mounted, which can allow users to customize charging schedules to better control charging.
Persons: Brian Wilkerson, I'm, Mark Barrott, Plante Moran Organizations: of Energy, Ford Pro, Ford Motor Company, EV, of Transportation
☆ How much does it cost to charge a Tesla battery?
  + stars: | 2023-07-13 | by ( Graham Rapier | ) www.businessinsider.com   time to read: +4 min
Before deciding to purchase a Tesla, many consumers will need to know: "How much will it cost to charge this thing?" It all depends on the Tesla model you buy and where you decide to plug in, but charging a Tesla generally costs significantly less than refueling a gas car. How much does it cost to fully charge a Tesla at a charging station? At these rates, the cost of charging a Tesla is about three times cheaper per mile than the cost of fueling a gas-powered car. The cost of charging a Tesla is more than three times cheaper per mile than the cost of fueling a gas-powered car.
Persons: Tesla Superchargers, Tesla, you'll Locations: Tesla's
☆ Tesla settles class action Solar Roof lawsuit for $6 million
  + stars: | 2023-07-11 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +3 min
Tesla agreed to pay just over $6 million to settle a class action lawsuit brought by customers who faced sudden Solar Roof price hikes in 2021 after agreeing to have the systems installed at their homes. The Tesla Solar Roof was formerly known as Tesla "solarglass." A lead plaintiff in the class action, Matthew Amans, saw his solar roof price increase from around $72,000 in his original contract to around $146,000 per court filings. Tesla completed 1,656 Solar Roof contracts at the original price quoted to customers, according to the filing, with another 57 customers slated for Solar Roof installations at the original price as of the end of June. Read the full settlement terms from the class action lawsuit (Amans v. Tesla, Inc. 3:21-cv-03577) here:
Persons: Tesla, Elon Musk, Tesla's, Matthew Amans, Wood Mackenzie Organizations: CNBC, Tesla Energy Locations: U.S, San Francisco
☆ The homeowner basics of financing solar power for residential real estate
  + stars: | 2023-05-21 | by ( Cheryl Winokur Munk | ) www.cnbc.com   time to read: +11 min
There are a host of complicated issues in the solar market, including some contentious politics. Last year, the growth of residential solar in the U.S. boomed. It won't repeat that in 2023, but will remain a large part of the solar market. Ohio, for example, has a state program that offers a reduced rate on a solar loan with certain lenders. GoodLeap (26% of the residential solar market) was No.
☆ US home solar installers brace for slowdown as California reform looms
  + stars: | 2023-04-10 | by ( Nichola Groom | ) www.reuters.com   time to read: +4 min
California boasts 38% of the nation's residential solar capacity, buttressing the U.S. market's 40% surge in 2022, according to the Solar Energy Industries Association trade group. More than 1.5 million Golden State homes have solar, state data show. They and others have noted a spike in California installations this year as consumers scrambled to get systems connected before the policy change on April 15. California Solar & Storage Association Executive Director Bernadette Del Chiaro called the transition difficult. Residential solar installers are already grappling with higher interest rates that cut into the value of financed systems, and tighter available credit.
☆ Rooftop solar: How homeowners should do the math on the climate change investment
  + stars: | 2022-12-17 | by ( Tim Mullaney | ) www.cnbc.com   time to read: +5 min
Central to the deal: Tax credits and other benefits from both the state of Connecticut and from Washington, D.C., he says. Hurwitz's experience points up one benefit of the Inflation Reduction Act that passed in August: Its extension and expansion of tax credits to promote the spread of home-based solar power systems. California's solar energy net metering decision Certainty has been the thing that's hard to come by in solar, where frequent policy changes make the market a "solar coaster," as one industry executive put it. watch nowFor potential switchers, tax credits can quickly recover part of the up-front cost of going green. The bids for one suburban Chicago house ranged as low as $19,096 after the federal credit and as high as $30,676.
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