2022 is the year of solar power, as federal tax credits are expected to drop from 26% today to 22% in 2023, solar loans are cheap, and alternative energy can beat rising tariffs. electricity ; This is good news for the solar installation business of Solar Integrated Roofing Corp. (OTC PINK: SIRC)

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2022 is the year of solar. Homeowners have plenty of upcoming solar opportunities, such as beating today’s 26% drop in federal tax credits to just 22% in 2023. Solar installation loan money is cheap and plentiful right now. And the cost of solar components, such as roof panels, has been falling for a decade. Add it up and that means 2022 success for Solar Integrated Roofing Corp. (OTC PINK: SIRC) solar installation business in the new year.

stockmarketpress.com offers specialized coverage of related actions in solar power, roofing, electric vehicle charging stations and battery charging power such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), DG (NYSE: GM), Charging point (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

2022 is the year of solar power, as federal tax credits are expected to drop from 26% today to 22% in 2023, solar loans are cheap, and alternative energy can beat rising tariffs. electricity ; This is good news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) Solar installation company

According to site “Bring me the news”, electricity rates have jumped about 30% over the past 10 years in some states. This makes solar not only a conservation purchase, but also an energy efficient purchase.

Joining the core grid for solar power is inevitable, but it can also be profitable and efficient. It is not just a question of rejecting carbon dioxide from fossil fuels, but of an important economic sense to switch to solar now.

In California, the leader in solar power, utility companies see solar power as a problem for wealthy taxpayers compared to low-income taxpayers. This can mean lower returns on investment for utilities that buy solar-powered electricity from homeowners – and initiate high fees to access the core grid. This extends the payback period for solar energy to unacceptable years.

Solar supporters are fighting back – and this is seen nationally as a positive step. Payback periods become considerably shorter as solar homeowners pool their systems with rechargeable solar batteries. Their combined resources shorten payback periods to about six years.

SIRC is well positioned in this strategy because it is an authorized Tesla installer (NASDAQ: TSLA) PowerWall rechargeable solar battery systems. 2022 is the year of solar power, as federal tax credits are expected to drop from 26% today to 22% in 2023, solar loans are cheap, and alternative energy can beat rising tariffs. electricity ; This is good news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) Solar installation company.

Homeowners and small business buyers of solar systems can clearly see that 2022 offers them a rare chance to beat increases in central grid electricity. They can also pass now before federal solar tax credits drop from 26% to 22% in 2023. Solar loan money is plentiful and inexpensive. The time to go solar is now inexpensive.

For SIRC, solar installations can also mean the additional revenue stream from rechargeable solar battery installations. It pays off for homeowners to store excess solar energy during the day and use it at night or on less sunny days. The cost of central grid electricity increases, making the payback period for solar energy less than eight years. Buyers of solar energy can install systems for next to nothing if they do so now.

Utilities, such as the California Public Utilities Commission (CPUC), seek to raise tariffs vs owners of solar systems – proponents of solar energy are fighting “critical peak prices” for utilities. To encourage potential buyers of solar systems, solar supporters have developed strategies to make buying and owning solar energy a financially efficient investment. Solar installers alike will benefit.

Overall, the strategy is to stay clear of the higher peak demand charges that utilities seek to charge through higher utility “critical peak rates”. Homeowners can customize their solar energy savings by saving their solar electricity for use during peak hours – when electricity costs Following of the central grid.

Community share of stored energy is a new and efficient way. As SIRC sells more solar installations, buyers can save money by sharing their solar electricity. In this way, they control their power consumption and use it efficiently. 2022 is the year of solar power, as federal tax credits are expected to drop from 26% today to 22% in 2023, solar loans are cheap, and alternative energy can beat rising tariffs. electricity ; This is good news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) Solar installation company.

Bloomberg says the adoption of solar batteries will jump. The payback period for new solar systems – instead of dropping to around 11 years under new net metering laws – would instead be reduced to just 6 to 8 years. This is important news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) because it is an authorized Tesla installer (NASDAQ: TSLA) PowerWall solar storage systems.

Watch as these issues become critical for more utility companies in more states. They can see low-income taxpayers “subsidizing” the savings enjoyed by the wealthiest homeowners who have installed solar power. The California Public Utilities Commission (CPUC) is due to vote on the proposed rules by the end of January 2022. They would come into effect by May.

The case of California is a landmark event for the solar industry nationwide, as this state has the highest number of solar system owners: 1.3 million. It also doesn’t make sense as California lawmakers have passed a law for 2021 requiring most new residences and commercial buildings to be solar powered.

Solar batteries occupy a central place in a new and decisive role in the future of California’s solar industries. If consumers can count on saving and sharing their own excess solar-generated electricity – instead of selling it to utilities and their central grid for a new lower price – the payback period can be shortened. less than eight years old. This will help to close sales and installations.

Outside of California, the decision is being watched closely by other states and SIRC. SIRC is emerging as a national brand with a national footprint in the alternative energy space in the United States.

In its ruling, the CPUC said the current system “disproportionately harms low-income taxpayers.”

New strategies against rising utility prices – which could spread to other states – are great news for solar installers like SIRC. Active in green and alternative energy installations such as rooftop installations and the construction of electric vehicle charging stations to support the rise of electric cars – SIRC’s core business is now solar power. Homeowners are encouraged to purchase solar panels and Rechargeable solar batteries to store excess energy storage by SIRC.

2022 is the year of solar power, as federal tax credits are expected to drop from 26% today to 22% in 2023, solar loans are cheap, and alternative energy can beat rising tariffs. electricity ; This is good news for Solar Integrated Roofing Corp. (OTC PINK: SIRC) Solar installation company

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

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COMTEX_400075860 / 2785 / 2022-01-05T08: 22: 48



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