5 Ways Your Business Can Profit from Solar in 2019

Saskatchewan now has the second highest power rates in Canada, and they keep climbing.

That’s why many businesses and farmers are cashing in on generous provincial and federal incentives to slash their power bills while at the same time lowering their tax bill with solar.

Here’s how:

1. Lower your overhead by making your power bill microscopic

SaskPower offers a solar program called Net Metering that allows you to bank credits when you overproduce power (usually in the summer) so you can spend those credits later when you need them (usually in the winter).

That means you have microscopic power bills throughout the entire year resulting in noticeable cost savings.

2. Slash that tax bill with the new Bonus Accelerated Depreciation from the Canada Revenue Agency (CRA)

Yes, we typed that right – a lower tax bill! Click here for all the nitty gritty details on the Government of Canada website.

But in short, you can now write off the entire cost of a solar system in the current tax year instead of over 5 years.

That can be a significant deduction to your taxable income.

Here’s an example from CRA to further explain how this works:

“Warehouse Inc. is a distributor of refrigerated goods, with a large warehouse that requires significant amounts of energy. In order to offset a portion of its electricity requirements, Warehouse Inc. invests in a solar array with solar panels costing $500,000.
Immediate expensing will allow Warehouse Inc. to deduct its entire capital investment in the first year, as opposed to $125,000 under current rules, resulting in federal-provincial tax savings of about $100,000. These tax savings will allow Warehouse Inc. to invest in new forklifts for its warehouse.”

Can’t believe we’re saying this… but… thanks CRA!!

3. Get 20% cash back from SaskPower

SaskPower rebates $0.61 per watt, which works out to about 20% of your total system costs up to a maximum of $20,000.
I don’t know about you, but I could sure put that $20,000 to good use in my business!

4. Shield your company from rising energy costs

What if you could have locked in your power bill at the amount you paid 20 years ago? How much would you have saved?

With solar, you lock in your energy rate at a much lower cost than you’re currently paying with the grid for the lifetime of your system.

That means much lower and stable energy costs for the next 25+ years.

As a business owner, we know you want to do everything in your “power” to protect your business from any rising costs, because it affects your bottom line. Solar does just that.

5. Go green for the greater good

In Saskatchewan, we all know green is the colour, but football certainly isn’t the only green game!

Social and environmentally conscious shoppers are on the rise — so take a moment and ask yourself, how is my business doing in this area?

Advertising your green initiatives is good for business in 2019.

All in all, solar is an attractive investment for businesses that is good for the environment and saves money for 25+ years with immediate tax benefits.

It really is CLEANER. CHEAPER. POWER.

If you’re interested in powering your business with solar, request a free quote below and we’ll chat soon.

– Your friends at TruGreen Energy

Saskatchewan best place to save money with solar in Canada: NEB study

solar panels regina

Regina is a great place for solar, among the best in Canada

Saskatchewan ranks first among provinces, tied with PEI, as the best place to install solar panels to save money in Canada, according to a new National Energy Board (NEB) economic study (National Post, November 28, 2018).

The study looked at 200,000 communities across every province and found the following:

1. Saskatchewan has more hours of sunlight than almost anywhere
2. The cost of electricity in Saskatchewan is among the highest in Canada

The study goes on to conclude:

It is cheaper for Saskatchewan homeowners to produce power with solar than to purchase power from the grid.

It makes sense with solar being cheaper and more efficient than ever before and our high and rising cost of traditional power.

Additionally, the NEB study didn’t take into consideration the new incentives from SaskPower, which makes solar even more attractive in our province.

On November 27, 2018, SaskPower announced that:

1. The 20% cash back program on solar installations scheduled to expire in 2018, has been extended to November 30, 2021
2. You can now bank credits with SaskPower when you overproduce power (called Net Metering) for three (3) years now instead of just one (1) year

SaskPower has clearly committed long-term to encouraging more solar use.

They’ve recognized solar as a great way for homeowners, farmers and businesses to save money while helping the province go green.

There’s more evidence all the time that Saskatchewan is the perfect place for Cleaner, Cheaper, Power.

If you’re interested in learning more, request a FREE QUOTE at: trugreenenergy.com/quote-request

– Your friends at TruGreen Energy

GET IT BEFORE IT’S GONE: 20% Cash Back Solar Ends Nov 30. BUT…there’s a work around

So good news and bad news. The bad news is, getting 20% cash back on your system from SaskPower officially ends November 30, 2018. BUT, there’s good news too.

All you need to do is apply for the solar rebate by November 30, 2018 and you get until November 30, 2019 to install a system and get the 20% cash back.

That’s a big deal and a generous offer. But you need to get that application started ASAP.

We handle the paperwork for you, so no worries there. Just request your free quote and we’ll meet with you and talk through all the details.

There’s no risk in applying, but there is a big risk if you don’t apply by November 30, 2018 and miss out on thousands in savings.

And there’s never been a better time to get solar. Why?

  1. You don’t need any money to get started

TruGreen offers $0 down systems starting as low as $79/month. Then use that 20% cash back to cover any financing costs and payments for two years in most cases or longer!

  1. Microscopic power bills all year round with SaskPower net metering.

This SaskPower program called “Net Metering” doesn’t expire and allows you to bank credits when you overproduce power in the summer and then spend those credits in the winter. So you always have a low bill.

  1. More affordable, efficient and durable than ever

Solar tech is now more affordable and efficient than ever, especially for homeowners. While energy rates rise around the world, yours stay low.

Plus, the panels are tough and can withstand large hail storms. There’s a reason panels come with 25+ year warranties.

  1. Increase the value of your home.

Microscopic power bills are attractive to many potential buyers.

  1. Going green. Emissions = Zero

Solar is hot right now. We’ve received over 2,500 quote requests in 2018 so far. Make sure you’re the first on your block to get solar…and save yourself 20% by acting fast!

Request that free quote ASAP.

We just have to make sure your property is a good fit for solar and then you’re off to the low power bill races.

– Your friends at TruGreen Energy

SaskPower Increasing Their Rates

The Saskatchewan Rate Review Panel is recommending SaskPower reduce a rate increase scheduled to take effect at the start of January.

On Monday, the regulator recommended a 3.5 per cent increase in the new year. This is after a five per cent increase on July 1 that was authorized by the government.

For the average residential customer, their monthly bill will rise by $3.71 on Jan 1. An average urban small commercial customer will see an extra $10.13 on their bill and a typical urban standard customer will see an increase of $114.80. An average large industrial customer will have an extra $14,703.50 on their bill.

SaskPower originally submitted a rate application that included a five per cent increase in July followed by another five per cent increase on Jan. 1, 2017.

The Crown corporation said the increases were necessary as SaskPower needs to update and refurbish existing infrastructure, as well as build new power generation and increase distribution capacity for the future.

SaskPower said it will take approximately $1 billion per year over the next ten years to maintain and renew the company’s generation, transmission and distribution services. These include making expanding the system to include renewable energy.

The corporation said capital expenditures will account for a rate increase of approximately three per cent ANNUALLY.

For 2017, however, the Saskatchewan Rate Review Panel said that the second increase should be reduced to 3.5 per cent to soften the impact of two increases in six months.

Al Johnston, chair of the panel, said there were concerns from the public and industrial users that a 10 per cent increase over six months was too much and too quick.

“That was the basic message, that they needed more time, particularly the big industrial customers and commercial customers that use a lot of power,” Johnston said.

“We wanted to make sure that there was adequate time for everybody to make whatever adjustments they need to.”

The panel said the recommendation will finally impact SaskPower and said the company will have to find areas to reduce expense or enhance other revenue sources.

“SaskPower has some expenses, which they can potentially control by cutbacks, not replacing staff, those sorts of things,” Johnston said.

“We are recognizing that SaskPower will have to find some ways to make up that difference if they want to achieve the return on equity that they are targeting.”

The panel has also recommended SaskPower limit the increase in operating, maintenance and administration costs, per customer, to one-half the increase of the Saskatchewan Consumer Price Index, or inflation.

Other recommendations include increasing stakeholder participation in the next cost of service study and rebalance rates between the different types of customers, demand and energy charges based on a cost of service study.

The panel also said SaskPower should prepare its load forecast, cost of service study and resource plan for the public during future rate applications.

“SaskPower has got to make a lot of changes over the next number of years in order to meet the 50 per cent renewable guideline by 2030,” Johnston said.

“I think that’s important that everyone understands what those changes are going to be and what the rate impacts potentially may be so that it’s not a big surprise when rate increases come along.”

Source: Global News

Germany Transitions to Renewables

Germany is Phasing out Nuclear for Renewables

Years ago, Germany made a huge decision to make an effort to replace controversial  nuclear power plants with renewable energy generators such as Solar, wind, and hydro.

 

The decision was made in an effort to completely eliminate nuclear waste, as well as the potential for nuclear disasters such as the very memorable disaster in Fukushima, Japan.

 

This step towards a more environmentally friendly power grid, may seem like a pricey one to anyone this may be news to, though this is not the case.  Germany exports a large amount of electricity to neighboring countries (much more than it imports). This results in a profit rather than a loss. In 2015 alone, the surplus (exports minus imports) was €2.07bn.

 

On certain days, 80% of the electricity in Germany is generated from renewable energies. In 2015, 30% of the electricity consumed was provided by wind, solar, biomass, hydro and waste energy, which makes renewables our largest energy source.

 

These numbers prove that electricity from renewables is no longer a niche product and that the energy transition (“Energiewende” in German) is taking place at a rapid pace.

 

Recently an article that painted Germany as an example of why NOT to unplug from gas and coal, was proved wrong, as it was shown that Germany sold its electricity for so cheap because of how little it costs to generate, and it only pays a premium for its electricity because Germany hardly ever imports it, as they can produce so much at home.

 

This is an amazing example of how it is indeed possible to transition from nuclear energy in this case, to environmentally friendly methods. This transition will be seen as a world trend starter years from now, and will be seen as a historical moment.

 

See more about this article here: http://www.bdlive.co.za/opinion/2016/08/24/germany-a-pioneer-of-viable-renewables

Australia Solar Feature Image

Australia’s government just made Solar more accessible for its citizens

A more accessible solar power purchase agreement has been announced by the Western Australian Government.

 

”My government would be making it easier for solar PPA providers to operate in Western Australia by allowing companies to apply directly to the Public Utilities Office (PUO) for exemptions from the requirement to hold a retail licence in order to sell electricity to consumers,” Energy Minister Mike Nahan said.

 
A solar PPA arrangement is usually associated with commercial solar in Australia. It’s where a long term contract is established to purchase electricity generated by a solar panel system installed at a customer’s premises. The solar company retains ownership of the system, but also assumes the burden of ownership; providing repairs and maintenance. There is usually no upfront cost to the customer for the installation of a system under a solar PPA.

 
At the end of the contract and depending on the arrangement, the customer may be able to purchase the system outright at a reduced cost.

 

Dr. Nahan also said “by creating the exemption, we have broken down barriers, cut red tape and reduced the regulatory costs for solar PPA providers to offer electricity services to customers. This will help the emerging market to develop and increase the choices that customers have to access these innovative and renewable sources of electricity at an affordable price.”

 

“The state’s Renewable Energy Buyback Scheme (Western Australia’s solar feed in tariff) will be available to eligible customers who export electricity back into the mains grid,” he continued.

 
Given the rapidly falling cost of solar in Western Australia, solar PPA’s are usually of most benefit in conjunction with large systems.

 
Western Australia currently boasts around 206,000 small scale (<100kW) solar installations. It works out to be around one system for every 12 people in the state. “The Government is a huge supporter of renewable energy and this new measure will promote the uptake of even more solar PV systems by the community,” said Dr. Nahan. “A new $4 million stand-alone solar + battery storage pilot project on six properties in regional areas of the state,” Dr. Nahan announced.

 

 

Australia is setting the stage for mass production of solar energy, and it is because there government has taken the initiative of helping consumers afford systems. Solar energy has been proven to save consumers money as it is, now imagine how much you could save by convincing governments to start a similar project here in Canada.

Read more on this article at http://optimusenergy.com.au/australia-making-solar-purchase-accessible/

Future Of Solar Feature Image

What will Solar PV market look like in 2020?

Historically, PV installations were driven mainly by government subsidies offered by well developed countries as part of their environmental strategies. They wanted to “be green” and reduce emissions, so solar PV was part of the solution as one of the available renewable energy technologies.

 

The initial costs of energy generated by solar PV were much higher than electricity from conventional sources like coal, oil, or nuclear. The biggest part of the cost of solar energy is the capital needed to finance the PV assets, mainly the PV panels. O&M costs are negligible compared to the capex costs and there are no fuel costs involved (so far, the sun shines for free).

 

In the period between 2014–2015, solar PV became cost competitive with grid electricity in several world markets — places with a lot of sunshine and high electricity prices (like California, Hawaii, Australia, etc.). From this point, “grid parity” onward, PV technology does not need government subsidies. Solar will be the first-choice technology cost wise. The new lower prices created even greater demand for solar and opened new markets in developing countries. More demand allowed for even further decreases in cost, making solar even more competitive, and so on.

 

This positive reinforcement creates a situation in which the cumulative solar PV capacity doubles every 24 months. Since the inception of solar, there has been a total of 320 GWp built. Within the next two years, this total capacity will be doubled. In the next 4 years there will be 4 times as many solar installations.

 

Therefore, in 2018, there will be ~640 GW of PV installed and the industry will need to employ up to 5 million people. By 2020, there will be ~1,280 GW installed and possibly 10 million people employed.

 

At the same time, costs of PV panels will continue to drop, so PV electricity will be cost competitive in more and more local markets.

For more information please visit: http://cleantechnica.com/2016/08/09/will-solar-pv-industry-look-2020/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+IM-cleantechnica+%28CleanTechnica%29

Chernobyl- From wasteland to Energy Haven?

To some it was a long time ago, while some remember it like it was yesterday. The disaster that occurred on April 26, 1986 in Chernobyl Ukraine has had a huge impact on not only the people surrounding the area, but all life in the area. 1,600 square miles now being deemed an exclusion zone, this land cannot be lived on, or hardly even entered without very strict security clearance and specific security measures taken to protect from radiation. Many see this land as a zone of failure and destruction. Though not all see it the same way. Though the land cannot house humans, or most life in general, it does not mean that it is there to be wasted. The land still gets sunlight. Now with the growing popularity of solar energy more people are seeing where real potential is for solar farms. These people have seen that exact potential in the currently baron wasteland.

 

In a recent interview, Ukraine’s ecology Minister has stated that there have been multiple offers by US and Canadian companies who are looking into creating the largest solar farm to ever exist to date. The sun has not stopped shining in this exclusion zone and would be an ideal place to harvest the sun’s energy. So much energy that it could even potentially create up to 1/3 the energy that was created by the nuclear power plant when it was functioning. Keeping in mind that the only potential spill from this energy can easily be prevented by some some screen.

 

Though the country still insists on its dedication to nuclear powered electricity, it is still very important to see that solar is getting recognition on a huge global stage. If this idea works out, it could definitely become a large boost for other countries to look at solar energy potential as well!

Solar Impulse 2 sixteenth flight

Plane Powered by Solar Energy Completes First Round- the -World Journey

ABU DHABI, United Arab Emirates — The world’s first round-the-world flight to be powered solely by the sun’s energy made history Tuesday (local time) as it landed in Abu Dhabi, where it first took off on an epic 25,000-mile journey that began more than a year ago.

Since its March 2015 take off, the Swiss-engineered Solar Impulse 2 has made 16 stops across the world without using a drop of fuel to demonstrate that using the plane’s clean technologies on the ground can halve the world’s energy consumption, save natural resources and improve quality of life.

 

“Our mission now is to continue to motivate people, corporations and governments to use these same solutions on the ground wherever they make sense,” Solar Impulse chairman and pilot, Bertrand Piccard, said in a statement ahead of landing the plane in Abu Dhabi.

 

The aircraft is uniquely powered by 17,248 solar cells that transfer energy to four electrical motors that power the plane’s propellers. It runs on four lithium polymer batteries at night. The plane’s wingspan stretches 236 feet to catch the sun’s energy.

 

At around 5,070 pounds, the plane weighs about as much as a minivan or mid-sized truck. An empty Boeing 747, in comparison, weighs 400,000 pounds. To help steady it during takeoffs and landings, the plane was guided by runners and bicyclists

 

Despite its historic mission, the Solar Impulse 2’s journey was far from a quick or problem-free.

 

The pilots faced a nine-month delay a year ago after the plane’s batteries were damaged during a flight from Japan to Hawaii. It was also delayed for more than a week in Cairo ahead of its final flight to Abu Dhabi when Piccard fell ill, and due to poor weather conditions.

 

Over its entire mission, Solar Impulse 2 completed more than 500 flight hours, cruising at an average speed of between 28 mph and 56 mph. It made stops in Oman, India, Myanmar, China, Japan, the U.S., Spain, Italy, Egypt and the United Arab Emirates. Its North American stops included California, Arizona, Oklahoma, Ohio, Pennsylvania and New York.

 

In a statement this week, Borschberg said it is no longer a question of whether it’s possible to fly without fuel or polluting emissions.

 

“By flying around the world thanks to renewable energy and clean technologies, we have demonstrated that we can now make our world more energy efficient,” he said.

 

The carbon-fiber plane is a single-seater aircraft, meaning its two Swiss pilots — Piccard and Andre Borschberg— had to take turns flying solo for long days and nights. To calm their minds and manage fatigue during the long solo flights, Borschberg practiced yoga and Piccard self-hypnosis.

 

The pilots would rest a maximum of 20 minutes at a time, repeating the naps 12 times over each 24-hour stretch.

 

It took 70 hours for Piccard to cross the Atlantic Ocean, which was the first by a solar-powered airplane.

 

Borschberg’s flight over the Pacific Ocean at 118 hours — or what is five days and five nights — shattered the record for the longest flight duration by an aircraft flying solo.

 

Read more about this story here: http://www.nbcnews.com/news/world/impulse-flight-completes-first-solar-round-world-journey-n616576

Interactive Guide Feature Photo

How Solar Energy Really Works

While Solar Energy is becoming more and more popular every week, we have noticed that many people are still confused when it comes to how the sun can supply electricity to your tv, your fan, your computer, or even your car.  This guide can show you how this process works, and the science behind it, for you to better understand not only why you should take advantage of this science, but also how it can change your energy consumption.

So check out this awesome guide, and comment below if you have any questions!

 

How Solar Cells Work Interactive Guide

 

Or contact us to see how Solar can benefit your life!