Is Solar a Good Investment?

Is Solar a Good Investment?

Historically, solar PV system costs have been steadily declining over the last decade. However, with recent supply chain challenges, labor cost increases, and greater demand for solar, prices across the industry have jumped. (Perhaps you read “Why is the Cost of Solar...
Long Term Benefits of Solar

Long Term Benefits of Solar

Renewable energy systems offer numerous benefits for customers, some of which are realized within the first year of installation while others grow over time. Increasing understanding of the long-term advantages of renewable energy is driving rapid expansion in the...
Case Study: REAP Grant for Solar Project

Case Study: REAP Grant for Solar Project

Colite Technologies strives to help business owners understand and leverage the many benefits of solar energy, including available incentive programs that make solar more accessible. One of these programs is REAP by the United States Department of Agriculture (USDA),...
Tariff Exemption Eases Solar Pinch

Tariff Exemption Eases Solar Pinch

Our previous blog post, “Why is the Cost of Solar Increasing?”, explored the forces behind recent solar price increases – including the Section 201 tariffs. The shadow of uncertainty cast by the Section 201 tariffs and the accompanying petition by Auxin Solar has...
Why is the Cost of Solar Increasing?

Why is the Cost of Solar Increasing?

Why is the Cost of Solar Increasing? For the first time in well over a decade the price of a solar system in the US is increasing. One of the key drivers is the cost of PV panels, which according to Rystad Energy research and analysis, has increased by over 50% since...