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Long Island, King of New York Solar

Long Island residents can stand proud as leaders in New York Solar!  After tremendous growth since 2012, Long Island residents have shown the rest of the state that Solar works and Solar saves. Savvy Long Islanders have quickly learned to take advantage of state and federal rebates leading to millions of dollars saved.

Long Island’s Solar Market Has Grown 320% Since 2012

“The tremendous growth of Solar on Long Island under Governor Cuomo’s NY-Sun initiative has greatly expanded the use of clean, sustainable energy in the region,” says John B. Rhodes, president and CEO of NYSERDA. “Long Island’s Solar industry is strong and actively serving the growing clean energy market, and we know this momentum will continue.”

In total, New York Solar initiatives have led to a 575% increase in development from 2012 thru 2015. This is not just good news for the environment and homeowners, but also to the 8,250 energy industry employees making it happen.
  • Long Island Growth 575% 2012-15
  • Long Island Solar before 2012

Better Options for Homeowners

The outlook for 2016 is looking even brighter for Long Island homeowners. For the average home, a 7.9KW systems saves roughly $2,000 on electricity costs per year. More efficient Solar equipment and more accessible and favorable financing options continue to facilitate the switch to Solar and guarantee savings for consumers.

See also: Which financing option is best for you?

Dizzying Array of Solar Options

See All of Your Options

Before making the switch to solar, know your options and make a decision based on objective 3rd party information. At Greenlight Solar, we partner with only local installers who know your neighborhood, because they’re a part of it. Our Solar specialists can conveniently walk you through the entire process and show you all of the available financing, hardware, and savings opportunities in order for you to make the best choice for your family and home. If it’s not good for your wallet, we won’t install it. Our core belief is that transparency brings trust, and it’s through this trust that we’ve grown our family business across a broad range of communities.

To see your options, request a free consultation today.

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Cost-effective Electricity Is Not the Norm in New York

Thanks to a flood of natural gas supply into the market, the price of power has fallen by two-thirds since 2008, according to Bloomberg News.  So why do utility bills keep increasing?

When your utility bill arrives each month, you can’t help but think how much cheaper it was 5 or 10 years ago. Unlike other commodities, energy has many costly factors.  For New Yorkers and residents of most other large cities, old infrastructure is a big reason for the price hike. The cost of replacing old lines is time-consuming and expensive.  Most were built before 1980, and an astonishing 42% will need to be replaced within the next 30 years.  By then, the rest will need replacing as well.  After the decade long waiting period for approvals and signatures, the costs to prevent outages will keep coming.

New Yorkers additionally pay about 60% more for electricity than most other Americans, with at least a quarter of those costs going directly to taxes and fees.  In short, when it comes to our energy future, the writing is on the wall.  We will continue to see utility prices rise for the next 30 years plus.

What Can Homeowners Do

Thankfully, many states—including Pennsylvania, Maryland, New Jersey, and New York—have de-regulated energy programs.  Homeowners are now given the freedom to choose where their electricity comes from and at what price.  New advancements in technology have also brought benefits like fixed-rate pricing and renewable sources, both distinct advantages versus your local utility company. Hidden fees such as peak usage charges are eliminated when you switch, and you can rest easy knowing exactly what your rate will be each month.

Beat the Market

Finally, for homeowners with an eye towards the future, there’s no better way to cut down on energy expenses than making the switch to solar.  With the potential to offset college tuition, new cars, home improvements, and even vacations, solar is the smart way to plan ahead.  Not only does solar require zero upfront investment; it actually earns you money in savings each month for 20+ years.  Switching to solar is simple and requires virtually no effort to reap the benefits.  The panels installed on your roof will guarantee you a lower monthly bill than your utility rate, at a fixed rate, for the entire life of the system.

With options like purchase, loan, or lease, you decide how much money you want to save.  Like all technological progress, advancements in solar have dropped the cost of panels and installation while increasing efficiency and reliability. Incentives like state and federal tax credits make going solar even easier and more cost-effective, so you can put those earnings towards family, leisure, or any other investments.

Get a free custom solar proposal today, see what panels look like on your roof, and learn how much you can save!

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3 Ways to Shrink Your Energy Bills

As New Yorkers, we all know what summer feels like: hot, humid, and muggy. The only sanctuary is the nearest air-conditioned room. In fact, all seasons more or less begin and end with complaints. It’s too hot in the summer; it’s too cold in the winter, etc. As time wears on, and the complaints become redundant, we move on to electricity costs. This is the state of our planet, and according to New Scientist, it is not changing anytime soon. So what can we do about it?

Simple Solutions

Sure, we might adjust thermostats to 80 and invest thousands in energy-efficient appliances, but that’s not ideal for a number of reasons. It is costly, which is the opposite of our objective, and it’s just plain uncomfortable. Simple steps like using heat-generating appliances at night or washing laundry in cold water are more realistic. Thanks to modern technology, your new fancy washer can get the job done with cold water AND save you up to $152 per year!

Light Home Improvement

Let’s take slightly bigger steps in our search for savings. Consider your light bulbs. We all know we can save money by turning off the lights when we leave a room. A more prudent move would be to change your inefficient fluorescent lightbulbs to LED bulbs and save about $300 per year! The same way we wouldn’t fry bacon in sweltering heat to save on our AC costs, we shouldn’t live in the dark to save a few dollars. Since 2008, the cost of LED bulbs has fallen 85%, making it simple and accessible for anyone to switch. Most applications don’t require retrofitting or special fixtures of any kind.

Change a Few Habits

The biggest energy hogs for most people are obviously air-conditioning and heating. Could it be that we’re just unwilling to adapt to the seasons? Countless buildings are so frigid in the summer that a sweater or jacket is required to stay comfortable. Adjusting your thermostat to comfortable, but not freezing, temperatures is the simple solution. Smart thermostat’s like NEST allow you to program your home to monitor usage and automatically save energy when you’re out. Its useful interface also monitors carbon monoxide and smoke levels from your smartphone.

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Get a free NEST thermostat when you request a free customer solar proposal by entering the rebate code GLNEST today!

These simple ideas and others will save you hundreds per year and are the easiest way to achieve short term savings. In the long term, however, Solar Power is by far the best option. Utility rates will continue to increase each year, just as they have for the past 20 years, and we’ll only have more electronic devices in our homes in the future. That’s why homeowners who want to save $10,000-$39,000 over the next 20 years have made the switch to solar. With $0 installation costs, sizable tax credits, and guaranteed fixed rates, you can beat the market by saying one word: Yes. Greenlight Solar gives you a guaranteed rate that is lower than your current bill and is fixed for the next 20 years. We take care of all the work; you enjoy all the savings.

Request your free custom proposal today to see what panels look like on your roof and discover how much you can save:

  • Enter rebate code if you have one.
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Which Solar Financing Option Is Best for Me?

In the world of home improvement and financing, there is a lot of misinformation out there.  Making the switch to solar is no different.  In the past ten years, the solar industry has come a long way in eliminating all of the barriers that once prevented homeowners from making the right choice to go Green while managing their expenses.  Incredible demand and advancements in technology have brought down the cost of solar and have made it a not only a viable but cost-effective option for the vast majority of homeowners.

So which plan is best for you when it comes to paying for your solar panels and installation?

Below are three ways to finance your solar system:

Purchase

Purchasing your solar system is the best option for homeowners that want to maximize the return on their investment. By owning your system, as opposed to leasing it, you can take full advantage of the financial benefits along with the numerous tax benefits and incentives. With your purchase, you are making the investment upfront to essentially eliminate your utility bill.  For a typical 6.5 kW residential installation, this would mean full system payback in 3 years and $38,000 in 20-year benefits.  For home owners interested in potentially selling their home, installing solar will also significantly increase the value of the property.

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Loan

When you don’t have funds available to pay for your system upfront, a solar loan is an easy way to go solar with $0 money down.  There are many options available, but the right loan should provide a lower monthly cost versus your current utility bill. Think of it as replacing your utility bill with the loan payment, achieving guaranteed savings as a result.  At Evergreen Solar, we have handpicked our financial partners to offer this savings guarantee. We calculate your monthly payment based on your solar production, usage history, and utility rate to ensure that you pay less than before.

Get your free quote today

PPA (Power Purchase Agreement)

For homeowners that want to have 100% of the worry taken off of their hands, a PPA offers the ability to lease your solar system and leave ownership to the installer. PPAs have grown in popularity because of their easy, no hassle application.  By leasing your solar panels, the solar provider fully owns your panels and sells the power produced back to the you at an agreed upon rate.  At Evergreen Solar, our PPA option comes with our Price Protection Guarantee, which guarantees your payments are lower than your current bill and are far below expected utility price increases.

Which Option Do I Go With?

Given all the options available, it’s ultimately up to the homeowner to decide which option is best for them and their family.  It is important to evaluate all three options and weigh the short, mid, and long term savings. Perhaps the best part of going solar, and the reason over 27.4 GW (Giga Watts) were installed in 2015—enough to power over 5.4 Million American homes!—is that it’s not just about saving the planet, which of course is our shared goal; it is the vast financing options and savings opportunities available to each and every solar customer.

Request your free proposal today and see the savings!

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