Solar Electricity Systems

The Time To Go Solar Is Now!

Installing a Residential or a Commercial Solar Power System is a Smart Financial Decision

A Smart Investment

With a Greene Tech Renewable Energy solar power system you can realize BIG SAVINGS or virtually eliminate your monthly electric bill, insulate yourself from utility rate increases, and increase your property’s value.

Rebates Make Solar Affordable

Moreover, residential and commercial solar systems are eligible for a 30% Federal tax credit PLUS TVA solar rebates and other incentives. By installing a G.T.R.E. residential or commercial solar system you’ll take control of your energy costs and enjoy all the benefits of obtaining your electricity from a clean, renewable resource: the sun.

Tax Credit Or Cash Grant Equal to 30% of the Cost of Your Commercial Solar Project.

What You Need To Know:

For 2009 and 2010 projects, solar power projects that are eligible for depreciation or amortization (typically those owned by corporate tax filers) can receive a 30% upfront cash grant in lieu of the 30% tax credit. The 30% solar tax credit for individual filers (i.e. residential systems) remains unchanged. The Treasury Department will administer the solar grant program and is required to pay out each solar grant within 60 days of the receipt of each application [Section 1603]. The solar grant is not subject to federal taxes [Section 1104]. There’s no word yet on whether the solar grant will be assignable. The same eligibility of the investment solar tax credit applies; in particular, this means that governmental and non-tax paying entities aren’t eligible. Almost all solar electric PV applications should be eligible, with the lone exception being swimming pool heating.
For 2009 projects, corporate tax filers can claim 50% bonus depreciation expense [Section 1201(a)]. The remaining 50% of the depreciation basis is expensed according to the 5-year MACRS schedule. The depreciation basis is still 85% of the total system cost (the total system cost less one half of the 30% federal grant) [Section 1104].
The cap on solar hot water heating equipment has been removed, making it eligible for the full 30% solar tax credit (but not the grant) [Section 1122].
Projects that benefit from subsidized financing will not have their federal grant reduced [Section 1103]. This will put tax-backed municipal loan programs on safer ground.
A 30% tax credit for factory equipment used in the manufacture of renewable energy equipment (including solar). The total budget for this tax credit is $2.3 billion [Section 1302].

Quality and Service

Greene Tech Renewable Energy offers complete solar electric power and solar thermal hot water solutions for your home or business utilizing high-quality solar panels and components backed by the longest warranties available. Our GTRE installers will provide the highest quality customer service– service you can count on for years to come.

Power Station AC power for a remote barn

Learn More

Homeowners and business owners: If you are ready to save money and make a difference, email us or call us directly at 423-422-4348. We'll answer any questions you may have and arrange for a Greene Tech Renewable Energy representative to visit your location and discuss your solar options, including design and installation details, your type of roof, the sizing of your system and your budget. For more information on how solar systems work, click on the Greene Tech Renewable Energy logo below.

Estimate Your System

This Solar & Wind Calculator will calculate the size and cost to install a solar or wind energy system for your home or building. Solar & wind calculator technology options include solar electric (PV), solar water heating, pool or spa heating, space heating & cooling, and wind turbines. The solar & wind calculator's financial analysis is based upon energy bill savings you can expect and the net solar/wind system cost, after tax credits and other incentives are applied. The solar & wind calculator results are based upon many assumptions and the limited data you will enter. An actual site assessment by a qualified Greene Tech Renewable Energy Solar and Wind Professional will be needed to determine the actual costs and benefits of installing a solar or wind energy system. Please use the links below to get started.

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Considering the Costs of Home Solar Arrays

Homeowners who want to investigate solar power face a multi-horned dilemma. The issues of national energy independence and environmental responsibility grow in importance daily, but as the country (and the world) emerges from the worst recession since 1929, cost remains the bottom line for the vast majority of people. Wanting to power your home with solar energy and being able to afford to do so are two different matters. What, then, are the costs involved in a home solar system?

Frankly, a home solar array with sufficient energy-generating capabilities to make a real difference in your electric bill is not an "off the shelf" item. Every homeowners will need an individual site assessment to judge the quality of the available hours of peak sun on which they can draw as well as individualized equipment and labor projections. These estimates have to be matched against a personal energy audit. If you don't know how much power you use monthly (and seasonally) there's no way to weigh costs against potential long-term savings. If, however, homeowners consider the "averages," the following statements are accurate (but not site specific):

Half the energy needs of the average American home consuming 10,000 kWh annually can be supplied by a 3.6 kW photovoltaic solar array.

A 3.6 kW photovoltaic solar array will have an opening cost of roughly $20,000, depending upon the technology level and brand of equipment you choose to install, the prices will vary widely.

With available federal tax credits, state incentives, and utility power company programs, the average homeowner spends between $15,000 and $40,000 to "go" solar.

Homeowners can get more accurate estimates based on location by using online tools like the solar calculator at findsolar.com. The calculator asks for:

- zip code,
- desired percentage of electrical offset,
- monthly usage in kWh, or
- average monthly electrical bill.

In return, the interface will provide:

- your area's solar radiance in kWh / sq M / day,
- the estimated size of the required system for your goals,
- the required amount of roof space to accommodate the recommended system,
- the estimated cost of the system,
- the cost of the recommended system after available incentives are applied,
- expected average monthly savings,
- projected savings over 25 years,
- the 25 year return on your investment,
- and the break even point for your investment.

No online tool or theoretical estimate, however, takes into account the unique geographical position of each home, its construction, the energy habits of the inhabitants, or specific local rates. Every homeowner requires a specific site assessment and detailed bids from multiple solar installers before moving forward with the installation of a home solar array. There is no other way to get an accurate and fair picture of the true costs involved.

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