The option for the property owner to keep their SRECs is usually not available to the clients of AdvaPoint competitors - which makes AdvaPoint Solar a more viable and attractive solution
Southern Maryland (PRWEB) April 16, 2012
The current government incentives for "Going Green" are remarkable, but like all incentives provided by the Federal Government, they aren't designed to last forever. In fact, they'll be gone before we know it. The grants issued to power companies to cooperate with the Go Green Movement will be eliminated over the next 10 to 15 years.
The current incentives are SRECs, tax credits, increased property values, and finally, an electric bill that is sliced in half and in most cases, is eliminated altogether. Smallwood sells solar installation panels for AdvaPoint and has a team of licensed MHIC installers, engineers, and a Master Electrician that guarantees the workmanship of the installation for five (5) years; and AdvaPoint guarantees the generation of solar power for twenty (20) years.
Beginning with the basics, Smallwood explains the overall excitement in adding Solar Energy to a home or business:
Considering the #1 polution in our environment is the coal burned to generate electricity to all buildings, installing solar panels will give the property owner a considerable sense of positive contribution to the environment in which we live for generations to come.
Option for Zero Money Down means just that - zero money down. When a person receives their electric bill, they're are purchasing electricity generated by the power company; however, if they install solar panels on their property, the power company is purchasing electricity generated by the property owner - from the property owner. Any difference in the power generated and the power used is 'banked'. At the year end close out, the power company issues either a check or an account credit to the property owner. AdvaPoint Solar is offers a leasing option payable over fifteen years that can (1) replace the electric bill or (2) significantly reduce the electric bill - depending on the number of panels installed and the azimuth calculation of the roof or installation site toward the south sun.
The leasing company affiliated with AdvaPoint Solar reduces the total cost of the panels by a transfer of the $10,000 tax credits over three years (credited in advance by the leasing company) and gives the property owner the OPTION of keeping their SRECs (solar renewable energy credits - explained below). "The option for the property owner to keep their SRECs is usually not available to the clients of AdvaPoint competitors - which makes AdvaPoint Solar a more viable and attractive solution," Smallwood said.
A Ten Percent increase in value? Yes, that's correct. Appraisers now adjust property valuations to increase the bottom line value of their appraisal by 10% should the property have the ability to generate solar power. That's remarkable!
What are SRECs
The term SREC stands for Solar Renewable Energy Credit and is a tradable credit that represents all the clean energy benefits of electricity generated from a solar electric system. Each time a solar electric system generates 1000kWh (1MWh) of electricity, an SREC is issued which can then be sold or traded separately from the power.
SRECs are purchased by electrical utilities or energy suppliers who need to meet a Renewable Portfolio Standard (RPS). The value of SRECs are quantified by three major factors:
1. State RPS requirements
2. Value of the state’s Solar Alternative Compliance Payment (ACP)
3. Supply and demand of SRECs in that specific state
Because of these factors, SREC values can vary dramatically from state to state.
Attached is a form any interested person across the U.S. may complete and fax in. Although Smallwood's focus is in Southern Maryland, she is committed to finding everyone their alternative solar installation company nearest you. Please include the Average Watts Usage from an electric bill handwritten anywhere on the form. A free solar proposal will be generated and sent to any address requested.
For more information please contact (301) 399-3764