Alternative Energy, Solar PV, Solar Water Heating

MacCo Energy : Solar Energy

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  • U.S Green Building Council Member
  • Leed Green Associate
  • Northeast Sustainable Energy Association

Solar Energy

Overview

Solar EnergyRadiated light and heat from the sun has been harnessed by humans since ancient times. Today, we only use a minuscule fraction of the solar energy available to us. Actually, scientists have determined that enough solar energy reaches the earth every half hour to meet an entire year’s worth of worldwide energy consumption!

Fortunately, today’s technology makes it so easy to capture this energy for everyday use. Just imagine, you can make your own electricity or hot water on any given day – all you need is the sun. MacCo Energy is set to provide you with whatever type of system you are interested in, and well aware of all the incentives available from local utilities as well as state or federal government. Continue reading the two sections below to find out more about solar thermal and photovoltaic systems, or contact us today to get started on your own solar energy system.

Solar Hot Water

Solar Hot Water (thermal) SystemSolar hot water is produced using solar thermal collectors. There are two main types of collectors: flat plate and evacuated or vacuum tube collectors. A mixture of water and an antifreeze fluid run through the collectors and are heated by the sun’s radiation. The heated fluid then passes through a heat exchanger and can be used for a variety of applications: space heating, domestic hot water, radiant floor heating, pool heating, etc.

MacCo Energy is equipped to set you up with a proper system for your building, and get you any available rebates or grants to greatly reduce your payback period. Some current rebates offset as much as half of a system’s overall cost! Solar thermal systems have one of the highest rates of returns of all renewable technologies, and because the collectors have no moving parts, they are extremely durable and in most cases will last several decades. Contact us today to find out more about getting a site analysis for own solar thermal system.

Solar Electric (Photovoltaic) Power

Photovoltaic ArrayPhotovoltaic (PV) panels, or modules, use the sun’s light to produce electricity through an array of cells containing silicon and some other materials. The cells produce direct current (DC) electricity and are then converted into usable alternating current (AC) electricity by an inverter. Most arrays are rooftop-mounted; however they can also be pole-mounted on an open area of ground space.

In most cases, the electricity produced acts as a supplemental source of power, with an average-sized system capable of supplying half a home or business’ electrical needs. However, now nearly all states allow any unused electricity that is produced to be sent back to the utility company to offset the producer’s electrical bill, further reducing your monthly bill. What’s even better is that many states are starting the offer Renewable Energy Credits (RECs) to owners of PV systems, which reimburse producers for any electricity that they produce.

Contact MacCo Energy today to get started. We will conduct a full site analysis to see if a PV system is right for you, find out what your potential payback would be, and explain all the available incentives for your type of system.

Benefits

- Free energy for years after initial investment
- Long system life span and warranty periods for equipment
- Reduces, or completely eliminates, the amount of electricity you have to purchase from your utility or electric service provider
- Reduces our energy reliance on fossil fuels
- Solar PV or solar hot water systems save you money on your electricity or natural gas bill and act as a hedge against future price increases
- Solar power systems can provide owners with fixed energy costs
- Sell excess energy back to utility companies to increase ROI
- Increased property value post installation

Rebates/Incentives

- Federal Modified Accelerated Cost-Recovery System Provision
- Federal first-year Bonus Depreciation Provision
- Federal Business Energy Investment Tax Credit up to 30%
- Various state and utility incentives
- Residential Renewable Energy Federal Tax Credit
- Residential Energy Efficiency Federal Tax Credit
- Low and 'no' interest financing options available
- Net-metering available to sell back unused power to utility companies
- Solar Renewable Energy Credits (SRECs) offered in some states for all power produced