Adding a residential solar electric system doesn’t just save on electricity, Long Island Newsday reported October 9. According to a Wells Fargo Bank/Journal of Appraisers study, home equity increases by 20 times the electricity savings. “This increases the value of a home by 3-4 percent,” Newsday notes. “That would mean an average 5-kw solar system…
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There's no telling when the power will go out – or why
Power outages can happen at the worst times and for the strangest reasons. Take the morning of Friday, September 20, when the new iPhone5 was set to go on sale. It was minutes before 8 AM in Bethesda, MD. A line of customers, eager to buy, stretched from the door of the Apple store all…
195,000+ Maryland homes hit with electric rate increase
If you live in Maryland, get ready to pay a 3.6 percent rate increase – retroactively. That’s the bad news. But there’s also good news: You can reverse that rate hike, and then some. As the Baltimore Sun reported September 12, The Maryland Public Service Commission has authorized Delmarva Power to increase electric delivery rates…
Pennsylvania Solar Rebates Restored
There’s some exciting news for Pennsylvania residents considering a solar system. The Pennsylvania Department of Environmental Protection (DEP) has announced that $7.25 million has been allocated to fund the state’s Sunshine Solar Rebate Program. The new funding also incorporates some changes that will allow for a more streamlined application process. Some of the details of the program…