Agri Watt Solar Farms

Agri Watt Solar Farms Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Agri Watt Solar Farms, Solar Energy Company, Philadelphia, PA.

06/25/2022

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05/05/2022

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03/31/2020

Report: 38 Percent Of Energy CFOs Say Solar Will Be the Most Dominant Form of Alternative Energy by 2023

In a new study, Energy Goes Green, released by BDO, energy sector CFOs reported that solar power will be the most dominant form of alternative energy in the United States by 2023.

The study details forces driving the transition towards alternative energy sources. The survey features the thoughts of 100 CFOs at oil and gas and power generation companies, revealing that energy executives are focused on striking a balance between navigating short-term uncertainty and volatile markets, but also planning for a green future.

For more information email us at [email protected]

12/30/2019

What is the one aspect your power corporation doesn't need you to know? You can be eligible for $1,000's of bucks in Government tax credits to install solar. Has your power organization told you that?

When farmers take a look to see if they qualify for solar, many are greatly surprised to discover that subsidies and rebates can cowl the upfront expenses associated with installation, so you can literally get solar hooked up with no out of the pocket expense. With little to $0 down, you could be on your manner to seriously reduced energy company bills in a rely of weeks.

For more information email us at [email protected]

12/19/2019

U.S. residential solar market has the best quarter ever. By Kelsey Misbrener | December 12, 2019

The U.S. residential solar market reached record highs in the third quarter of 2019 with 712 megawatts of solar installed, according to the latest U.S. Solar Market Insight report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). The U.S. solar market added 2.6 gigawatts of solar photovoltaics in the third quarter, swelling total U.S. solar capacity to 71.3 gigawatts.

The increase in residential installations helped the U.S. solar market grow 45% year-over-year and contributed to 15 states having their best quarter ever for residential solar. States with smaller solar markets such as Idaho, Wyoming, New Mexico and Iowa all saw record residential growth due to continued price declines and improvements to the economic competitiveness of solar across the country.

“This positive report makes clear that American families are demanding energy choice and solar, and that our industry is ready to deliver,” said Abigail Ross Hopper, president and CEO of SEIA. “This is the kind of growth and investment we could see going forward if we make smart policy moves, like extending the solar Investment Tax Credit and stopping additional tariffs. Failure to make these policy moves will limit deployment potential and cost jobs.”

California continues to be the largest residential solar market, installing nearly 300 megawatts in the third quarter of 2019, breaking its own quarterly record.

“While California has always led the country in solar deployment, the drivers behind that growth have shifted,” said Austin Perea, a senior solar analyst for Wood Mackenzie. “This is primarily due to new-build solar demand and increased consumer interest in solar + storage solutions as a result of public safety power shutoffs that have left hundreds of thousands of utility customers in the dark.”

According to the report, power shutoffs in California and national coverage of these issues has renewed demand for solar + storage solutions in California and other states across the country.

Wood Mackenzie is forecasting that the total amount of solar installed in the U.S. in 2019 will reach 13 gigawatts, representing 23% annual growth.

Key findings from the report include:

In Q3 2019, the U.S. solar market installed 2.6 GWDC of solar PV, representing a 45% increase from Q3 2018 and a 25% increase from Q2 2019.

The U.S. saw record-setting residential solar capacity added in Q3 with more than 700 MW installed.

A total of 21.3 GWDC of new utility PV projects were announced from Q1 to the end of Q3, bringing the contracted utility PV pipeline to a record high of 45.5 GWDC.

Non-residential PV saw 445 MWDC installed as policy shifts in states including California, Massachusetts, and Minnesota continue to slow growth.

Wood Mackenzie forecasts 23% year-over-year growth in 2019, with 13 GWDC of installations expected. In total, more than 9 GW were added to the five-year forecast since last quarter to account for new utility-scale procurement.

Total installed U.S. PV capacity will more than double over the next five years, with annual installations reaching 20.1 GWDC in 2021 prior to the expiration of the federal Investment Tax Credit for residential systems and a drop in the commercial credit to 10% (under the current version of the law).

12/01/2019

If you want solar, now is the best time to take advantage of the Residential Renewable Energy Tax Credit before it is too late. You must act before Dec. 31,2019 to get the 30% tax credit. In 2020 the tax credit will drop incrementally. For more information and a free estimate email us at [email protected]

11/13/2019

RENEWABLE ENERGY 101

There are many benefits to using renewable energy resources, but what is it exactly? From solar to wind, find out more about alternative energy, the fastest-growing source of energy in the world–and how we can use it to combat climate change.

BY CHRISTINA NUNEZ
PUBLISHED JANUARY 30, 2019
National Geographic

In any discussion about climate change, renewable energy usually tops the list of changes the world can implement to stave off the worst effects of rising temperatures. That's because renewable energy sources such as solar and wind don't emit carbon dioxide and other greenhouse gases that contribute to global warming.

Clean energy has far more to recommend it than just being "green." The growing sector creates jobs, makes electric grids more resilient, expands energy access in developing countries, and helps lower energy bills. All of those factors have contributed to a renewable energy renaissance in recent years, with wind and solar setting new records for electricity generation.

For the past 150 years or so, humans have relied heavily on coal, oil, and other fossil fuels to power everything from light bulbs to cars to factories. Fossil fuels are embedded in nearly everything we do, and as a result, the greenhouse gases released from the burning of those fuels have reached historically high levels.

As greenhouse gases trap heat in the atmosphere that would otherwise escape into space, average temperatures on the surface are rising. Global warming is one symptom of climate change, the term scientists now prefer to describe the complex shifts affecting our planet’s weather and climate systems. Climate change encompasses not only rising average temperatures but also extreme weather events, shifting wildlife populations and habitats, rising seas, and a range of other impacts.

Of course, renewables—like any source of energy—have their own trade-offs and associated debates. One of them centers on the definition of renewable energy. Strictly speaking, renewable energy is just what you might think: perpetually available, or as the U.S. Energy Information Administration puts it, "virtually inexhaustible." But "renewable" doesn't necessarily mean sustainable, as opponents of corn-based ethanol or large hydropower dams often argue. It also doesn't encompass other low- or zero-emissions resources that have their own advocates, including energy efficiency and nuclear power.

Types of renewable energy sources

Hydropower: For centuries, people have harnessed the energy of river currents, using dams to control water flow. Hydropower is the world's biggest source of renewable energy by far, with China, Brazil, Canada, the U.S., and Russia the leading hydropower producers. While hydropower is theoretically a clean energy source replenished by rain and snow, it also has several drawbacks.

Large dams can disrupt river ecosystems and surrounding communities, harming wildlife and displacing residents. Hydropower generation is vulnerable to silt buildup, which can compromise capacity and harm equipment. Drought can also cause problems. In the western U.S., carbon dioxide emissions over a 15-year period were 100 megatons higher than they normally would have been, according to a 2018 study, as utilities turned to coal and gas to replace hydropower lost to drought. Even hydropower at full capacity bears its own emissions problems, as decaying organic material in reservoirs releases methane.

Dams aren't the only way to use water for power: Tidal and wave energy projects around the world aim to capture the ocean's natural rhythms. Marine energy projects currently generate an estimated 500 megawatts of power—less than one percent of all renewables—but the potential is far greater. Programs like Scotland’s Saltire Prize have encouraged innovation in this area.

Wind: Harnessing the wind as a source of energy started more than 7,000 years ago. Now, electricity-generating wind turbines are proliferating around the globe, and China, the U.S., and Germany are the leading wind energy producers. From 2001 to 2017, cumulative wind capacity around the world increased to more than 539,000 megawatts from 23,900 mw—more than 22 fold.

Some people may object to how wind turbines look on the horizon and to how they sound, but wind energy, whose prices are declining, is proving too valuable a resource to deny. While most wind power comes from onshore turbines, offshore projects are appearing too, with the most in the U.K. and Germany. The first U.S. offshore wind farm opened in 2016 in Rhode Island, and other offshore projects are gaining momentum. Another problem with wind turbines is that they’re a danger for birds and bats, killing hundreds of thousands annually, not as many as from glass collisions and other threats like habitat loss and invasive species, but enough that engineers are working on solutions to make them safer for flying wildlife.

Solar: From home rooftops to utility-scale farms, solar power is reshaping energy markets around the world. In the decade from 2007 and 2017 the world's total installed energy capacity from photovoltaic panels increased a whopping 4,300 percent.
In addition to solar panels, which convert the sun's light to electricity, concentrating solar power (CSP) plants use mirrors to concentrate the sun's heat, deriving thermal energy instead. China, Japan, and the U.S. are leading the solar transformation, but solar still has a long way to go, accounting for around two percent of the total electricity generated in the U.S. in 2017. Solar thermal energy is also being used worldwide for hot water, heating, and cooling.

Biomass: Biomass energy includes biofuels such as ethanol and biodiesel, wood and wood waste, biogas from landfills, and municipal solid waste. Like solar power, biomass is a flexible energy source, able to fuel vehicles, heat buildings, and produce electricity. But biomass can raise thorny issues.
Critics of corn-based ethanol, for example, say it competes with the food market for corn and supports the same harmful agricultural practices that have led to toxic algae blooms and other environmental hazards. Similarly, debates have erupted over whether it's a good idea to ship wood pellets from U.S. forests over to Europe so that it can be burned for electricity. Meanwhile, scientists and companies are working on ways to more efficiently convert corn stover, wastewater sludge, and other biomass sources into energy, aiming to extract value from material that would otherwise go to waste.

Geothermal: Used for thousands of years in some countries for cooking and heating, geothermal energy is derived from the Earth’s internal heat. On a large scale, underground reservoirs of steam and hot water can be tapped through wells that can go a mile deep or more to generate electricity. On a smaller scale, some buildings have geothermal heat pumps that use temperature differences several feet below ground for heating and cooling. Unlike solar and wind energy, geothermal energy is always available, but it has side effects that need to be managed, such as the rotten egg smell that can accompany released hydrogen sulfide.

Ways to boost renewable energy

Cities, states, and federal governments around the world are instituting policies aimed at increasing renewable energy. At least 29 U.S. states have set renewable portfolio standards—policies that mandate a certain percentage of energy from renewable sources, More than 100 cities worldwide now boast at least 70 percent renewable energy, and still others are making commitments to reach 100 percent. Other policies that could encourage renewable energy growth include carbon pricing, fuel economy standards, and building efficiency standards. Corporations are making a difference too, purchasing record amounts of renewable power in 2018.

Wonder whether your state could ever be powered by 100 percent renewables? No matter where you live, scientist Mark Jacobson believes it's possible. That vision is laid out here, and while his analysis is not without critics, it punctuates a reality with which the world must now reckon. Even without climate change, fossil fuels are a finite resource, and if we want our lease on the planet to be renewed, our energy will have to be renewable.

10/16/2019

A Refresher On Current Solar Tax Incentives: It’s Important To Act Fast
Written by Dana Apfelbaum & Michael Minton -October 10, 20193

For several years, certain federal, state and local tax incentives have been available to promote, among other things, the importance of renewable energy, like solar power. These incentives benefit business owners and residents who choose to implement solar energy systems on their property. Similar or comparable incentives are available for other forms of renewable energy, such as wind and biofuels.
Federal Tax Incentives

Code § 48(a) provides for an energy credit, commonly known as the investment tax credit (ITC), equal to 30% of the cost basis of qualifying energy property placed in service during a taxable year if the construction begins before Jan. 1, 2022. For the purposes of this credit, “energy property” means equipment using solar energy to generate electricity, to heat or cool (or provide hot water for use in) a structure, or to provide solar process heat, but not with regard to heating a swimming pool. Additionally, such property must be depreciable, with an estimated useful life of at least three years.

If you are interested in taking advantage of the ITC, don’t wait to convert. For properties on which construction begins after Dec. 31, 2019, there is a phase-out of this credit. Additionally, if the energy property is not placed in service before Jan. 1, 2024, the credit is limited to 10%.

The Internal Revenue Service recently issued guidance that brought further certainty to the availability of this credit by providing that investing at least 5% of the total expected installation cost prior to the end of 2019 will constitute “beginning construction.” This puts solar energy on par with other renewable energy sources.

Beyond the credit, qualifying depreciable renewable energy property receives an additional benefit from accelerated and bonus depreciation. Code § 168(e)(3)(B)(vi) provides that most solar energy property is five-year property, which qualifies under Code § 168(k) for bonus depreciation.

The practical effect of this is enormous. Currently, 100% of the cost of qualified energy property (reduced first by 50% of the ITC taken, if applicable) is immediately deductible in the year it is placed in service. This rule applies until the end of 2022, after which the percentage immediately deductible decreases by 20% annually until it is completely phased out at the beginning of the 2027 tax year.

Together, the ITC and the depreciation benefits allow a significant portion of the cost of investing in solar energy to be essentially paid for by federal tax incentives.

Alternatively, instead of the ITC, a property can elect to take advantage of a production tax credit (PTC), available under Code § 45. For 2019, the PTC is currently $0.025 (a number adjusted annually for inflation) per kilowatt-hour of electricity produced from eligible solar systems. In order to qualify, the energy must be sold to an unrelated person during the 10-year period beginning on the date the facility is placed in service.
State Tax Incentives

In Florida, the property tax exemption available for solar energy systems (and other renewable energy source devices – including wind energy and geothermal energy) was expanded effective Jan. 1, 2018. The exclusion is extended to 80% of the assessed value of such systems installed on or after Jan. 1, 2018, for non-residential properties.

Eligible solar energy source devices include portions of the system up to the point of interconnection to an electric utility’s distribution grid or transmission lines. These changes to the law are scheduled to expire at the end of 2037. New regulations governing the terms of contracts for the sale or lease of solar energy systems, including numerous required disclosures, became effective July 1, 2017.

Additionally, Florida has a corporate income tax credit for solar energy generation in the amount of $0.01 per each kilowatt-hour of electricity produced. Historically, the legislature has funded the program at $10 million per year. However, the program was not funded for the current state fiscal year that began July 1, 2019.

It is important to be mindful of the fact that many of the incentives contained in this article have time limitations, making early participation potentially more advantageous due to phase-outs or limited availability. Contact your tax advisor to take advantage of these opportunities.

Dana Apfelbaum is a shareholder in law firm Dean Mead’s Fort Pierce, Fla., office, where she practices in the areas of federal income, estate, and gift tax law, and family business succession planning. In addition, she represents businesses and business owners in all types of business and tax matters.

Apfelbaum is also a member of the firm’s Solar Energy Industry Team. She can be reached at [email protected].

Michael Minton is chair of Dean Mead’s Solar Energy Industry Team and Agribusiness Industry Team. He represents family businesses with an emphasis on generationally owned agricultural businesses, focusing on tax issues related to agri-business, as well as water resource issues and innovative uses of land for value-added propositions. He can be reached at [email protected].

10/05/2019

Solar News Philadelphia Passes 100% Renewable Energy Resolution

Solar Industry Posted by Betsy Lillian -October 2, 2019

Last week, the Philadelphia city council passed Resolution 190728, establishing a goal of 100% clean, renewable energy by 2050 or sooner.

Philadelphia is the largest city in Pennsylvania and the sixth-largest in the country. The city council’s adoption of the clean energy goal follows pressure from grassroots activists and other Pennsylvania suburban boroughs and townships that have passed resolutions of their own, including Upper Merion and West Chester, according to the Sierra Club.

The resolution commits to a “fair and equitable” transition to 100% clean, renewable electricity for municipal operations by 2030, for electricity city-wide by 2035 or sooner, and for all energy (including heat and transportation city-wide) by 2050 or sooner.

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Address

Philadelphia, PA

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
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Sunday 10am - 3pm

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+12674143648

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