Investing Toward Energy Freedom







 

 
 

This Page details Solar Electric System Basics: The information you need to research adding a solar system to your business or home.

  • What solar is
  • How it works
  • California (and other states) rebate programs
  • How much it costs

  • How to reach us


SOLAR ELECTRIC SYSTEM BASICS

How It Works
Golden State Power's systems consist of an array of solar electric panels, and an inverter -- a computerized solid-state controller. The solar electric panels generate DC electricity directly from sunlight. The inverter converts the DC electricity produced by the panels to AC electricity. The computerized controller regulates the system and directs your extra power back to the utility grid. In applications where you are not connected to the grid or you want backup power, batteries are required.

What Size Solar System Do I Need?
Golden State Power solar systems require approximately 100 sq. ft. of panel area to generate 1 kW of electricity. An average 1,200 sq. ft. single-family home uses about 5,000 kilowatt hours of electricity per year. A 3 kW (AC) system can generate nearly all of the electricity required for such a home on an annual basis. The solar panels used in our power systems have a 80-year design life, and up to a 25-year warranty.

Net Metering

Standard Net Energy Metering (NEMS), Expanded Net Energy Metering (NEMEXP and NEMEXPM), and Wind Energy Co-Metering (NEMW) are programs available to utility customers who generate electricity using a photovoltaic (solar), wind turbine, or hybrid (both wind turbine and photovoltaic) electrical generating system. If you receive energy from an Energy Service Provider (ESP) instead of buying electricity from your utility company, you need to contact your ESP directly for information about net metering programs.

Distributed Generation
Solar electric power systems are clean, silent, and have no moving parts. In utility interconnected applications, they reduce the need to move power over aging transmission lines. Producing solar electric power at, or near, where it is used and sending the excess power into the grid from thousands of decentralized points, is helping us to change the way power is produced and distributed.

Process, Installation, Rebate

Requesting a Free Site-Visit
As a property owner, if you are interested in learning more about solar electric power systems call Golden State Solar Power, Inc. (661-835-9166). We will answer any questions you might have and arrange a site visit and energy audit.

Rebate
Upon signing a sales agreement, Golden State Power will submit a reservation. After we receive a deposit and an application for an eligible system, you will receive a claim form showing the rebate dollar amount reserved in your name. When your system has been permitted, installed, and is operational, the confirmation form and your final inspection approval will be submitted to the utility company for payment. In most cases, we can accept the reservation form as a partial payment, thereby reducing your up front costs.

Various State Tax Credits
Many states are currently offering tax credits. Our sales personnel can advise you of the applicable credits in your local and state regions. As an example, California offers a 7.5% state tax credit for solar electric systems. This tax credit is based on the net cost of the system (after rebate). Solar electric systems are also exempt from property tax in California.


Solar Economics 101

System Cost
The exact system cost will depend upon several factors, including the ease of the installation. A typical system that would power a residence with good southern exposure can be calculated by our expert sales personnel. Residential systems generally have a simple payback of twelve years. If you use, or would like to use, $100 of solar energy per month, your out-of-pocket costs are approximately $15,000 up front. Regardless of the size of the solar system you purchase, it will cost about one fifth the price of power from a utility company.

Net Metering
Net Metering allows you to use the electric utility grid like a bank account. Electricity "credits" can be deposited into the utility grid from your solar system. When you need to withdraw, you can use electricity at the same net cost to you. On typical sunny days, when you are making more electricity than you need, your meter literally "spins backwards" depositing your unused electricity into the grid. Later, when you need it, you draw on those stored credits.

Financing A Solar Power System
If you are interested in financing a solar power system, call Golden State Solar Power, Inc. for details. 661-835-9166

Rate increases

Public utility companies across the states are proposing rate increases. Just recently, Southern California Edison Company (SCE) filed its April 2005 Energy Resources Recovery Account (ERRA) application with the CPUC on April 1, 2005. SCE requests the recovery of the revenue requirement associated with: (1) a Nuclear Unit Inventive Procedure reward of $12.7 million for the efficient operation through May 21, 2003 of the Palo Verde Nuclear Generating Sation Units 1,2, and 3; and (2) Electric Energy Transaction Administration (EETA) costs of $6.8 million recorded in SC#'s EETA Memorandum Account. Compared to revenues at present rates as of April 2005, SCE is requesting a revenue increase of $19.5 million, or 0.2 percent, in 2006 -- a total .21% increase.


The Really Big Savings

The biggest savings from installing a solar electric system will be realized in future years. Average electric rates have increased from approximately two cents per kilowatt hour in 1970 to approximately 15 cents per kilowatt hour in 2001. That is an average rate of increase of 6% per year.


Financing A Solar Power System

If you are interested in financing a solar power system, call Golden State Solar Power, Inc. for details.

Cost Savings Analysis

While monthly payments on a solar electric power system might be about equal to the monthly electric bill today, as electric rates increase, the financial benefit of a solar electric system emerges. Solar allows property owners to lock in low rates for the life of the system. If rates increase, as predicted and expected, the price of electricity from the utility in 30 years will be cents per kilowatt hour!

Pending natural gas shortages are likely to push electric rates higher in the near future. Ninety-seven percent of all new power plants to come online in the past few years in the United States use natural gas. The overall demand for natural gas has increased over 10% during that time.

The Bottom Line

Solar is one of the best investments you will ever make.

To schedule a free site visit call:
Golden State Solar Power, Inc. at 661-835-9166

Invest in your Planet…the Return is High

 

We welcome your comments, questions and ideas. Please feel free to contacts us at info@goldenstatepower.com

 

 
  Contact Us  ] Information ] News ] Links ] Photographs ] Opinion Page  ]