What is a Tesla Powerwall?

What is a Tesla Powerwall?

Elon Musk, the CEO of Tesla, revealed his next big invention to the world back in 2015 when he announced the Tesla Powerwall. It instantly garnered interest from every corner of the globe as people wondered how they could get one. Since the Tesla Powerwall has been available for several years now, we want to provide you with information about exactly how it works, what it costs, and how you could benefit from a Tesla Powerwall if you have solar panels in Arkansas.

How Exactly Does The Tesla Powerwall Work?

The Tesla Powerwall is essentially a home battery designed to complement your solar panels in Arkansas. Most of the time, when your solar panels produce excess energy, the overproduced energy is sent back to the grid. If your solar panels don’t produce enough energy, then your home is powered with energy from the grid. 

The Tesla Powerwall essentially takes the place of the grid since any excess energy produced is stored inside the Powerwall rather than going back to the grid. At night when your solar panels aren’t producing enough energy to power your home, the Tesla Powerwall acts as a battery, using the previously-stored energy to keep the lights on. When the grid goes down your solar panels are automatically shut off, but the Tesla Powerwall acts as a generator so you can have power while the grid is repaired.

Cost Considerations For Installing A Tesla Powerwall

If you already have solar panels in Arkansas, it’s worth considering investing in a Tesla Powerwall. The good news is you can take advantage of the federal tax credit of 26% if you meet the qualifications. You’ll need to be using the Powerwall in conjunction with solar panels and your home’s Powerwall will need to receive its full charge from the solar panels. While the Tesla Powerwall and all associated costs could hover around $15,000, there are some financial incentives to help offset some of the costs.

Who Is The Tesla Powerwall Designed For?

Most people who install a Tesla Powerwall already have solar panels in Arkansas or are planning on getting them soon. A spokesperson at Tesla has indicated the Powerwall identifies grid outages and “automatically becomes your home’s main energy source.” Once your home loses power, the Tesla Powerwall automatically takes over and provides energy for your home – no flickering lights, no clocks resetting, just a seamless transition to battery power. 

Get A Comprehensive Evaluation From A Certified Installer

In most situations, you can easily add Tesla Powerwalls to your existing solar panels in Arkansas. It’s important to ensure you work with reputable, licensed, and certified installers. Due to the high cost and high demand for the Tesla Powerwall, many companies are taking advantage of consumers who don’t do their due diligence before purchasing and installing one. Always ask if your potential installer is certified with Tesla when receiving your evaluation, and never hesitate to decline their service if you have any reservations.

Seal Solar is here to help you take control of your future and manage your energy bills. We install solar panels in Arkansas and can also help you decide whether a Tesla Powerwall is right for you. You will always receive honest and transparent advice from our professionals so you can have peace of mind during every conversation. Our goal is to help you save money while protecting the environment and achieving energy independence. It all starts with a free estimate, so contact us today to learn more about how our process works.

Solar Power in Arkansas: All You Need to Know

Solar Power in Arkansas: All You Need to Know

Many homeowners and businesses in Arkansas are powering their lives with the sun’s energy by adding solar panels to their property. You’ve likely heard of renewable energy by now, but still might not be convinced that solar power is right for you. Every home and business is unique, and their solar arrays are too. 

Learning everything you need to know about solar panels in Arkansas is a great first step, so we compiled this guide to help you understand. Included:

  • How solar power works
  • Cost considerations 
  • Categories of solar arrays 
  • Benefits 
  • And more!

Why Solar Power?

When your home or business runs on solar power, you can still operate anything standard electricity does. The big difference is you don’t have to use dirty and harmful emissions to do so. It’s a much cleaner way to power your property, and while the upfront investment may seem high, you’ll make up for it in the long run.

Understanding How Solar Power Works

If you’ve ever looked at solar panels in Arkansas, you’ve likely noticed they are composed of several small squares. Those small squares are generally referred to as photovoltaic cells, or sometimes called PV cells or solar cells. The photovoltaic cells have both a negative layer and a positive layer. When the sun shines on the negative layer, the electrons within the layer shift to the positive layer, which creates solar energy. It’s a rather basic concept, but the impacts of solar energy on our daily lives are monumental!

How Solar Panels In Arkansas Can Work For Your Home

One thing you need to know about solar panels is they produce Direct Current (DC) electricity. However, most homes and businesses use Alternating Current (AC) electricity. This is a simple adjustment when you have a certified professional install your panels in Arkansas. Our team will install a solar inverter to convert the DC electricity into AC electricity. With the conversion to AC electricity, you can use your solar power to turn the lights on, watch television, cook food, run your company’s computers and machinery and anything else you use electricity for.

What Is Involved In The Process Of Installing Solar Panels?

Installing solar panels should always be done by an experienced professional. Several factors should be considered when determining whether solar panels are right for your home or business. Some of those factors include:

  • Whether your roof is shaded by trees
  • The age of your roof
  • Which way your roof is facing (south-facing roofs are ideal)
  • The slope of your roof (15- to 40-degree slopes are ideal)

When you work with a certified professional to install your solar panels in Arkansas, you can have peace of mind knowing they will work correctly and efficiently. The first step is to call a professional solar installer to determine how you can benefit from solar power.

How Affordable Is Solar Power In Arkansas?

The cost of installing solar panels in Arkansas has decreased significantly in the last decade. Solar panels are now more affordable than ever before, and most Arkansas residents can expect to pay roughly $18,000-$20,000 to have their solar array installed. This upfront cost might create some sticker shock, but when you think about the tax credits, incentives, and cost savings over time, the cost is much easier to justify. We will cover those savings and credits a bit later.

Long-Term Savings To Consider With Solar Panels

One of the biggest factors to consider when switching to solar power is the savings you can enjoy over time. Energy consumption is different among all households, but according to the U.S. Department of Energy, the average homeowner in Louisiana will save roughly $287 every year by switching to solar power. This number could be higher or lower based on multiple factors, but regardless of your array size, you’ll slowly begin recovering your upfront installation cost. 

Is Financing Available?

Consumers have plenty of financing options to choose from if they want to install solar panels in Arkansas. If you purchase your solar array, you can apply for a solar loan to offset the upfront cost in favor of smaller monthly payments. Think of these loans as a home improvement loan, but sometimes if it’s designated as a “solar energy loan,” then the interest rates will be lower than the traditional home improvement loan. And if you’re a new homeowner, you may be able to make your solar array part of your mortgage.

What About Tax Breaks Or State Incentives For Going Solar?

Anyone who installs solar panels in Arkansas in 2022 can take advantage of the 26% Investment Tax Credit. This is a huge incentive for anyone thinking about switching to solar power. The tax credit is decreasing to 22% in 2023 and will not be available after that, so you can maximize your investment by installing your solar array now. 

You Could Recover Solar Costs When Selling Your Home

Whether you’re planning to live in your home for the rest of your life or if you might sell it in the near or distant future, solar panels are still a good choice. Homes with solar panels are comparable to common upgrades or renovations to the kitchen, bathroom, or other areas of a home. By going solar, you increase the chances of your home selling quickly, and buyers could also be motivated to pay a premium for it. 

Solar Power Array Categories

We talked about photovoltaic solar arrays previously and now want to dive into the different categories they fall in:

  • Grid-Tied Solar Arrays
  • Hybrid Solar Arrays
  • Off-Grid Solar Arrays

Grid-Tied Solar Arrays

Grid-tied solar arrays are the most common type you’ll see in Arkansas. Grid-tied solar arrays simply mean your home will be powered by your solar panels, but if your panels produce excess electricity, the excess is pushed onto the grid. On the flip side, if your panels don’t produce enough electricity at times, then electricity from the grid will help you power your home.

Hybrid Solar Arrays

Hybrid solar arrays are connected to an on-site battery storage array as well as the grid. The difference between a hybrid array compared to a grid-tied array is any excess energy your solar array produces is stored in the battery rather than being pushed back onto the grid. On days when you need extra electricity, you’ll use the stored electricity from the battery and won’t have to rely on the utility company.

Off-Grid Solar Arrays

Off-grid solar arrays mean you won’t be tied into the grid at all. This can drive up the cost of your solar array since you’ll need more panels and significant battery storage. Not all solar firms can design and install off-grid arrays, so choose carefully and check references.

Benefits Of Using Solar Power For Your Home

Now that we’ve discussed a lot of the important details and factors to consider with solar energy, let’s talk about the benefits of installing solar panels in Arkansas. Whether you’re looking for cost-saving benefits, pursuing renewable energy sources, or having the freedom to choose where your electricity comes from, you’ve got plenty of benefits to consider when going solar.

Lower Monthly Energy Costs

Homeowners can expect to save several hundred dollars on energy bills annually when they switch to solar energy. Depending on how you use electricity, this number could be in the thousands of dollars. If you’ve dreaded receiving electricity bills during the peak summer or winter months, you won’t have to worry anymore when you use solar energy. The bills will be much lower and more consistent thanks to your solar array. When you calculate your monthly or annual savings, you can see how solar arrays pay for themselves over time.

Reduce Your Carbon Footprint

Switching to solar can reduce your carbon footprint since it is a renewable energy source. Unlike fossil fuels, solar panels don’t release pollutants or carbon emissions in the air when generating electricity. According to a study by Mashail S. Arif of the University of California, Berkeley, a residential solar array “has the capability of providing for the electricity needs of an entire home with about 80% lower carbon emissions than fossil fuels.” This is an eye-popping statistic when you think about how many carbon emissions are released into the atmosphere every day.

Choose The Solar Array You Want

You have the choice to install different types of solar panels in Arkansas. With the help of a solar panel expert, you can install a customized array designed to meet your specific needs. Having this freedom and flexibility can give you peace of mind knowing you don’t have to rely as much on things outside of your control, like utility companies increasing rates each year. You can be well on your way to having control of your money when you install a solar array.

Solar Arrays Are More Accessible Than Ever Before

The future of renewable energy is promising. As more people have installed solar arrays on their homes across the country, the cost has fallen, making solar panels more accessible than they’ve ever been. When you combine the accessibility with the tax breaks and other incentives available to you, there’s no better time than now to install solar panels in Arkansas.

Rely On Experts For Solar Panel Installation

The last point to always consider is to only rely on experts for your solar panel installation. No matter how handy you might be, there’s no comparison to having an experienced and certified solar panel installer handle the design and installation for your home. Not only will you have peace of mind knowing the panels were installed correctly, but any of the manufacturer warranties will still be in place and local technicians are a phone call away if you have any problems with your array. 

Seal Solar installs solar panels in Arkansas to help homeowners and business owners take control of their energy needs, while reducing energy costs at the same time. Consumers are at the mercy of their energy companies, which usually means high utility bills and increasing rates. When you work with Seal Solar, you’ll be on your way to becoming energy independent, having more money in your pocket every month, and taking control of your future with the help of solar power.

If this aligns with your vision for the present and future, contact us today to get a quick free solar array estimate for your home or business.

Solar Power in Arkansas eBook

All You Need To Know!

Renewable energy can make sense on the surface, but there’s also a lot of facts to digest to ensure you make the right decision. Some of the information in our eBook includes:

 

  • How solar power works
  • What solar panels in Arkansas cost
  • Understanding the categories of solar arrays
  • Benefits of switching to solar power
  • And much more

Can I Get A Tax Incentive For Solar Power In Arkansas?

Can I Get A Tax Incentive For Solar Power In Arkansas?

Solar power usage has increased across the country in recent years. According to the Solar Energy Industries Association, Arkansas ranked 30th in the country in 2021 for solar usage. One of the main determining factors for homeowners and business owners to consider is the cost of installing solar. While the cost has decreased overall in the past decade or so, it can still cost homeowners upwards of $15,000 or more to install solar panels in Arkansas.

However, tax credits and other incentives are available to help offset this cost, and we are here to help you understand these incentives.

1. Federal Tax Credit For New Solar Panel System Installations

The state of Arkansas doesn’t offer a tax credit or incentive for installing a new solar panel system. However, consumers can take advantage of the federal Investment Tax Credit of 26%, which is available to homeowners, commercial customers, and utility investors. It’s important to note that the 26% tax incentive is only valid through December 31, 2022 and it will decrease to 22% on January 1, 2023. After 2023, the incentive is scheduled to expire unless Congress renews it. So even though Arkansas does not offer any state-level tax incentives, the federal incentive is still significant enough to help consumers offset some of the cost of installing solar.

2. Understanding Arkansas Net Metering

One state-level benefit you can take advantage of in Arkansas is net metering. This means no matter which utility company you use, you can receive a full retail electricity credit when your solar panels produce more electricity than you need. The utility provider will monitor these numbers to ensure you receive credit for any surplus electricity generated. The credit you receive will vary from month to month, but the savings can add up over time.

3. Take Advantage Of Solar Cost Savings

Think about the example above in which you could save 26% on the cost of solar installation. Now think about the future cost savings on your energy bill, which can equate to anywhere from $400 per year to a couple of thousand dollars per year, depending on the size of your home or business and how you use energy. It’s reasonable to think the average consumer will recover the entire cost of the solar system in 10-15 years. When financing your project, you will often see savings starting month 1.

So if you plan on living in your current home for the next couple of decades, then a solar system is an investment worth pursuing. But even if you sell your home before you recoup your investment, homebuyers are attracted to solar systems and your property value could increase as a result.

Seal Solar wants to help you save as much money as possible on solar panels in Arkansas. The federal tax incentive for 2022 and favorable net metering laws makes it worth not putting off installing a solar system any longer. Investing in solar power will pay for itself over time regardless of these credits and incentives, but who wouldn’t enjoy some extra money back in their pockets? We will help you sort through all of your options and develop a customized quote for your property.

Don’t hesitate to contact us to get the process started and be on your way to reducing your energy bills and contributing to the environment in a positive way.

Is it Expensive to Install Solar Power in Arkansas?

Is it Expensive to Install Solar Power in Arkansas?

As traditional energy costs continue rising across the country, many homeowners are pursuing other options to help lower their energy bills. Going solar is a popular choice, but the question property owners often have: “Is it worth it?”

There’s no doubt installing solar panels in Arkansas can create some level of sticker shock to consumers when they see the upfront cost. But there are more factors to consider than just the initial cost, including the long-term savings, tax breaks, and much more. We’ve broken down the facts so you can understand the true cost of solar power in Arkansas.

1. Average Solar Panel Installation Cost In Arkansas

The cost of installing solar panels in Arkansas depends on many factors, including the size of your property, how much energy you use, and more. However, just to provide numbers, you can expect to pay around $15,000-$50,000 for a solar array in Arkansas. These initial numbers can deter people from even considering solar panels, but let’s take a closer look at what’s involved in the cost and how solar can be more affordable upfront, and how soon you can recover your entire investment.

2. Break Down The Cost Into Multiple Factors

The solar panels themselves typically account for about 25% of the cost. The largest percentage of the cost involves permits, monitoring, connection fees, and other operational costs. The cost of the solar panels themselves depends largely on how many panels you need which is determined by the sunlight exposure they’ll receive on your roof. The property’s orientation, roof type, and shade cover also factor into the cost, so you’ll need to have a complete evaluation to fully determine the price of installing solar panels.

3. Will Your Investment Be Recovered?

If you’re pursuing solar power in Arkansas, you’ve likely heard going solar will pay for itself over time. But how long will it really take to recover the large investment? The cost of solar panels has declined over the years even as utility bills have risen. So when you install solar panels in Arkansas, you immediately enjoy a reduction in your energy bill. Depending on how much energy you use, how large your property is, what your current electricity cost is, and other factors, you could recover your solar system investment in as little as five years. If your property is in an ideal location for solar power, you might be able to recover the investment quicker.

4. Take Advantage Of Any Incentives Available

Another major factor to consider when budgeting for solar power in Arkansas is the incentives offered. You can enjoy a federal tax credit of 26% if you install solar panels in 2022. This credit applies to both homes and businesses. So for a solar system that initially costs $20,000, the tax incentive would reduce the price to around $15,000. 

If the upfront cost after all tax breaks and incentives are still a little high for your budget, you can also apply for financing. By financing the array, you can pay for your system in monthly payments. There are plenty of ways to make solar arrays in Arkansas more affordable.

5. Enjoy The Long-Term Benefits Of Going Solar

When it comes to installing solar panels on your home or business, remember it takes time to get a full return on your investment. By reducing your monthly energy bills, the savings will add up quickly and you will lock in your utility bills for the next 20+ years in a rising utility rate environment. 

Seal Solar provides free online estimates so you can learn solar panels will cost. We also inform you of all incentives available to help you save as much money as possible. 

Are you ready to own a residential solar array? Learn more about solar and how it works by viewing our Solar Power 101 series!

Get your free estimate today and make the switch!