Newest KB Articles

The American Recovery and Reinvestment Act of 2009

Mon, 18 May 2009 18:07:01 GMT

The American Recovery and Reinvestment Act of 2009 repealed a previous limitation on the use of the credit for eligible projects also supported by "subsidized energy financing."

March 2009 Newsletter

Fri, 15 May 2009 13:32:56 GMT

The Villages goes solar and Florida solar rebate

February 2009 Newsletter

Mon, 02 Mar 2009 19:45:14 GMT

Governer Crist Commits $9.4 million to the Florida Rebate Program for Solar Photovoltaic & Solar Hot Water. Gainesville Passes the 1st Feed-in Tariff for Solar Photovoltaic Systems in the US

Mrs. Orlando Switches To Solar Power

Mon, 26 Jan 2009 15:57:07 GMT

Tricia Stein, 2008's "Mrs. Orlando," has done something to her home she said none of her neighbors has. "We're the first home in Baldwin Park, which we're very proud of, to start the solar electric system," Stein said.

News from Allsolar Service Company- January 2009

Mon, 26 Jan 2009 15:45:39 GMT

Allsolar Service Company install's University of Central Florida's first photovoltaic system. This was an 11kW system installed on the University's Engineering Bldg.

UCF Students Get A Taste Of Solar Power

Wed, 14 Jan 2009 23:28:55 GMT

In a tough economy, paying a bill each month to keep Central Florida powered up can be a struggle, but according to a local solar provider, its business went up 45 percent last year as people hope cleaner energy will mean lower bills.

Now, students at the University of Central Florida get to see for themselves whether a solar electric system is something they would want for their home.

One of the engineering buildings on UCF's campus is hooked up to a solar electric system, or photovoltaic system. Its solar panels transfer energy from the sun directly into electricity.

Dave Bessette of All Solar said using solar power will save the school about $2,200 a year on power, but the students also get to analyze the data.

"To dissect this technology, understand it better, and implement it on their building and their own homes in the future," Bessette said.

The panels also serve as an awning. It provides extra shading, and should keep the building cooler.

Bessette said the system is about twice the size of one the average family would put on their home, a demonstration that lets students get a taste of something that is becoming more widespread.

An environmental marketing firm, however, claimed it takes more energy to manufacture and transport a photovoltaic panel than it is ever going to produce over its useful life.

News 13 asked Bessette, who said as long as demand keeps going up for the systems, that cost will go down.

http://www.cfnews13.com/FamilyAndHome/YourHome/2009/1/13/ucf_students_get_a_taste_of_solar_power.html

December 2008 Newsletter

Fri, 12 Dec 2008 15:16:29 GMT

Allsolar Service Company Newsletter

Harnessing the Sun's Energy Since 1974

In This Issue

FlaSEIA New President

Financing Solar

Quick Links

www.allsolarflorida.com

Featured Article

"Solar architecture is not about fashion, it is about survival'' (Sir Norman Foster)

Dear Solar Enthusiasts,

This newsletter is designed to educate and demistify solar technology for both builders and consumers. Our goal is to assist builders and consumers in making informed decisions regarding the usage of solar technology.

David Bessette Elected President of

FL Solar Energy Industry Association

David Bessette, President of Allsolar Service Co., was recently elected president of Florida's Solar Energy Industry Association. This will be his third term as president. The Solar Energy Industry Association played an instrumental role in extending the 30% federal tax credit for 8 more years to 2016 and eliminating the residential cap of $2,000. This now gives residential homeowners a true 30% tax credit.

As President, David is working with fellow members to save our rebate program by implementing a "public benefits fund". Almost half of all states have funds, often called "public benefit funds," dedicated to supporting energy efficiency and renewable energy projects. The funds are collected either through a small charge on the bill of every electric customer or through specified contributions from utilities. The charge ensures that money is available to fund these projects. FlaSEIA conducted a Mason-Dixon Poll and discovered 79% of Florida voters support this type of investment in solar energy.

Financing Solar

There are three types of common financing for solar energy. The most common is a standard loan. The second most common is leasing a solar array. The third and most complex is referred to as a solar service agreement.

Loans for residential installations are home equity loans that can be financed through any lending bank. Also there are "Green" home loans such as the Orlando Utilities Commission residential solar loan program. Regional banks offer renewable energy loans as well. Wells Fargo offers a '203k' loan program through FHA up to $35,000. Solar Financing, LLC also offers great programs through Allsolar. The advantages of buying over leasing is that you own the system forever and althought there are higher payments, this is only until the loan is paid off and you own the tax credits and rebates.

Leases for residential installations have grown in popularity. Leases are more complex than loans. These programs have 10-15 year terms just like leasing a car. They require small down payments up front, or sometimes none. Payments are typically lower than utility bills and there is a buyout option at the end. The disadvantage of leasing is that you don't own the tax credits and rebates.

Solar service agreements are for very large installations, only 300kW due to the high fixed costs of setting it up. There is no cash outlay, no debt, and the system is owned by investors. Discounted electricity is -5 to 10% with a buyout option beginning in year 7. The advantages of SSA are hosts get reduced costs of electricty plus green bragging rights. Investors get rebates, tax credits, RECs and long term revenue stream and the installer gets the revenue. A true win-win!

For more information on the benifits of solar please go to www.allsolarflorida.com or contact me for a free consultation.

Sincerely,

Scott Carpenter
Allsolar Service Company

scott@allsolarflorida.com

1507 Damon Av

Kissimmee, FL 34744

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