Residential_Installations.html

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positioning of the roof, the square footage of the roof, shade cover, and potential design of the system.


Solar energy has many benefits for residential use. The following list summarizes the great reasons to install solar in your home:

  1. Keep Louisville Green!©

  2. Eliminate electric bill

  3. Net-metering: sell electricity back to LG&E

  4. Increase your property value

  5. No maintenance after install

  6. Solar panels last a lifetime

  7. Help end America’s reliance on fossil fuels

  8. Help America become energy independent

  9. Reduce carbon footprint / effect on climate change


Another benefit of installing solar now is the 30-percent federal tax credit. Click here for info on tax credit.


SYSTEM TYPES

Grid Tie

  1. Most common, 90% of installations are grid-tie (no batteries)

  2. Allows for net-metering


Grid Tie with battery backup

  1. Provides power when grid goes down

  2. Best option for silent, reliable, power production in times of grid outage


Off Grid with battery backup

  1. Best choice in remote areas

  2. Less expensive than connecting to grid if installation is more than 1/4 mile from grid

Residential Installation

THE SYSTEMS PAYS FOR ITSELF

A solar panel system can immediately add $20,000 to the value of your home. The chart below illustrates the long-term financial benefit of buying solar combined with the Federal tax incentive.

A roof-top solar panel system installed in your home will capture the sun’s energy and convert it into electricity. RegenEn Solar will come to your residence and give a free evaluation and assess the angle and

Solar Panel System Example

A solar panel system with a net cost of $13,000 would produce about 10,000 kilowatt-hours (kWh) per year and a total of 250,000 kWh while under warranty for 25

years. That equals 5 cents per kWh for solar electricity while you are currently paying LG&E 10 cents per kWh.


LG&E’s electricity prices usually increase about 5% per year over the long term. So, even though you are paying 10 cents per kWh now, you’ll pay about 34 cents per kWh 25 years from now and an average of 20 cents per kWh over the next 25 years.


Without solar, you would pay LG&E about $50,000 for the same 250,000 kWh over the next 25 years for electricity. That’s $37,000 more than solar electricity!


Using a loan to pay for the system (30 yrs, 3%, $56 monthly payment while your average monthly LG&E bill is $100), you would pay a total of $20,102, or about 8 cents per kWh. Less than the average 20 per kWh you would be paying to LG&E over the next 25 years. Financed solar is still cheaper than LG&E over the long term!


INTERNET MONITORING SERVICE

This “smart grid” technology is a great service that
allows you to monitor the electricity production of your solar panel system on the internet. This monitoring service can also be set to send you an email alert if productivity declines. If the decrease in electricity is an ongoing problem, you can call RegenEn Solar and we will work with you to correct the problem.


NET-METERING

Not only are you saving money on your utility bill, you can also sell electricity to LG&E at the $/watt market rate during days that the system is producing more power than you are using. You can watch your meter spin backwards as LG&E pays you!


RENEWABLE ENERGY CREDITS (RECs)

Solar Renewable Energy Credits are tradable credits that represent the clean energy benefits of electricity generated from a solar energy system. As an owner of a solar energy system, you can elect to sell your solar renewable energy credits (SRECs) in order to help finance your system. RegenEn Solar has partnered with Sol Systems to help you finance your solar energy system using SRECs. To learn more about your options for generating income from SRECs, visit www.solsystemscompany.com.

 

The Solar Energy Professionals.TM

FAQ

Click here to see photos of our residential solar panel installations! Residential_Installations.html

Our solar panel systems can reduce your electric bill by 100% and make your meter spin backwards as you sell electricity back to your utility.


Our systems have an annual return on investment of around 8% from the savings on your electric bill. As energy prices increase over time, your return could average around 15% per year while the solar panels are under warranty for 25 years. This investment is as secure as a bond and bonds usually only yield around 5% per year. Additionally, if you were to invest the same amount of money in a bond instead of going solar, all of your earnings from the bond would likely be negated because of all the money you will lose from paying your electric bill. The result could be a total loss on your investment; a -100% return on your bond.

PH: 502.298.8160