Posts Tagged ‘EmPower Solar’
Solar Incentives: Past, Present, Future
Solar installations in America increased 60% between 2007 and 2011 — an impressive leap given the financial crisis — and forecasts indicate that the industry will continue to grow briskly in the next five years.
Why is that? First and foremost, it’s due to American entrepreneurship, ingenuity and risk taking, driven simultaneously by the profit motive and a genuine desire to better the world. Secondly, smart government policy has spurred the industry.
While not all government subsidies have been positive, the incentives that have gone directly to the consumer are great. And, with the reelection of Barack Obama, homeowners and businesses can expect to see the 30% federal income tax credit stick around until 2016.
The federal tax credit, combined with state and LIPA rebates, helps to dramatically decrease the cost of solar and increase demand. In fact, the cost has decreased more than 50% in the past five years. In 2007, the average residential system was $80,000. Today, it can be as low as $36,000 and in New York, shrink to $8,500 after incentives. As incentives decrease at the same rate as the system cost, the return on investment remains great.
While government incentives have helped the solar industry, not all “green” policy is good. As part of the American Recovery and Reinvestment Act another incentive that was introduced was the loan guaranty program (originally conceived under the Bush administration). This program came under intense scrutiny last year after the high profile failure of Solyndra and several other companies, which has cost American taxpayers more than $1 billion thus far.
The loan program is something EmPower Solar doesn’t support because we believe it’s wrong for the government to take specific company risk; this is what private capital is for. However, the policy is partially defensible because the government was trying to encourage Americans to purchase solar from U.S. companies rather than relying on China, which is providing cheaper options.
In addition to homeowner incentives, the best way to build a dynamic domestic solar industry is to promote and enhance the conditions that continue to make the United States the premier country to start and grow a business.
We are envied around the world for our vibrant democracy, rule of law, unparalleled education and amazing culture and patriotism. Let’s continue to build on our strengths as we invest in renewable resources like solar!
Electric Vehicles Invade the Long Beach Movie Theatre
Last night over 75 people came to the Long Beach Cinema to watch Revenge of the Electric Car (sequel to “Who Killed the Electric Car”). The event was sponsored by EmPower Solar and The Green Project of Long Island in an effort to get the message out about the benefits and capabilities of electric vehicles. The community got a firsthand view of two Chevy Volts, a Tesla Roadster, a Plug-In Prius and a Nissan Leaf.
Before the screening, EmPower CEO David Schieren addressed the audience to introduce the EmPower team and describe our long-term goal of making renewable energy a major contributor to the energy supply. Following David’s presentation was a short video about using solar energy to charge EVs, filmed and directed by EmPower employee Keith Collins.
Following the screening, EmPower employees, clients, friends and family continued showcasing their electric vehicles. The public was able to sit in, snap pictures and discuss more about these specific EV models.
In related news, today Tesla Motors began deliveries of their first batch of Model S vehicles. The Model S is a full size, fully electric sedan that seats 5 adults and 2 children. One of EmPower’s clients from Long Beach, NY, who attended last night is a Model S reservation holder and is expecting his this winter. According to EmPower Sales Representative, former client and current EV owner Ed Olsen, the Model S is a game changer. “This is a beautiful car with a 300 mile range. It goes from 0 to 60 in under 6 seconds and its price is accessible to more car buyers”.
“Electric vehicles use no gasoline and can be powered by the sun. This is a concept that is long overdue” says Ed.
EmPower is on the forefront of turning this concept into a reality. We would like to thank everyone who attended and made this event such a success.
For those who were not able to attend and would like more information about solar and/or electric vehicles, please feel free to call our office at 516-837-3459.
Click Here to see photos from the event on our Facebook page.
Click Here to watch the live Tesla Model S delivery event tonight (6/22) at 6:30 EST
EmPower Solar to Receive “Clean Energy Award” from Vision Long Island
EmPower Solar will be presented with the “Clean Energy Award” from Vision Long Island at its 11th Annual Smart Growth Award Ceremony on June 15th. The award is to recognize EmPower for its significant impact on advancing renewable energy on Long Island through its diverse portfolio of solar projects. Vision LI is an organization committed to developing economically and environmentally responsible growth on the Island.
An important component of Vision Long Island’s “smart growth” approach is promoting the development of sustainable and renewable energy strategies to meet the community’s energy needs.
EmPower also congratulates the Town of Hempstead in being honored for the “Certainty and Predictability” Smart Growth Award for its mixed-use development zoning proposal. We applaud Supervisor Kate Murray for supporting numerous community development initiatives for the Town of Hempstead. The Town has also been a leader in promoting renewable energy and energy efficiency technologies and policies.
The Results are In! 2011 Marks Tremendous Growth for the Solar Industry
2011 was an exciting year for solar in the U.S., achieving record growth and 1,855 MW of installed photovoltaic systems. This represents a 109% growth over 2010, doubling from 887 MW, according to a Solar Energy Industries Association (SEIA) report.
2011 industry growth brought the United States to a capacity of 4,460 MW of installed solar PV, enough to power nearly one million households.
It was also a major year for the commercial PV market which grew 27% and reached 800 MW of solar installations. A large amount of this growth is due to the Section 1603 Treasury grant program which expired on Dec. 31st 2011.
2011 also marked an increase in solar affordability. It has been reported that the average cost of a completed PV system dropped by more than 35% since the beginning of 2010.
EmPower is excited about the growing demand of Solar PV on Long Island. In 2011 EmPower achieved over 2MW of solar installations. Attractive rebates and incentives have driven the appetite for solar energy and allowed our customers to reduce their carbon footprint and save money in doing so. We are excited to continue EmPowering our customers through 2012 and look forward to seeing even more growth this year!
EmPower Intern Accepted to MIT
EmPower Solar congratulates Josh Haimson our exceptional summer intern, for acceptance to the Massachusetts Institute of Technology (MIT) class of 2016. Josh is the third EmPower team member to attend MIT. He is currently a senior at Mepham High School in Bellmore, NY.
Josh was a stellar intern and was a pleasure to have in the office. He provided a wide range of technical, administrative, creative, and direct business development support for the sales, marketing and engineering departments. Josh is motivated by all the right reasons. In order to get hired and stay at this company you have to represent the EmPowering Way values: Professionalism, Teamwork, Excellence, Client Focus and Commitment to Clean Energy. Josh represents the EmPowering Way and then some. He is committed to the broader themes of sustainability. He grasps that a smarter, cleaner, and greener energy infrastructure will lead to a more prosperous, healthy and civil world. He wants to contribute to a better world in a big way.
Impressively, Josh also demonstrated to his parents that going solar made economic sense. The Haimson’s are now EmPowered with a 10 kW system.
David Schieren, CEO, and Greg Sachs, COO commented that “his combination of intellect, technical competency, cultural understanding and emotional intelligence at his age (or at any age) is something we’ve never encountered before. Josh is remarkable and everyone at EmPower speaks glowingly about him. We feel fortunate to know him, and only hope to spend more time with him in the future. Pictures of Josh adorn multiple walls and doorways at our office and they are not coming down.”
EmPower Solar extends a hearty congratulations to Josh, and we wish him the best of luck as he heads off to Boston next fall. He left an indelible mark on the company and is an inspiration to us all. There is no doubt in my mind he will perform exceptionally well in all of his future pursuits. It’s a good thing for humanity that he is dedicated to a better, more sustainable world.