At Livable we are committed to promoting conservation through billing and education and make sure to keep up to date on all power and utility options.
Tesla made headlines in 2019 when it announced a slash in prices on its solar panels and plan to streamline its process in a bid to bring in more customers.
Sanjay Shah, who heads up Tesla’s solar business, told the New York Times that the solar energy industry made the process of buying and installing solar panels too complex and that standardizing and simplifying would be key to reducing costs. He also said the company would begin producing its long-anticipated “solar shingles”.
“Solar often makes sense as a long-term investment, not to mention supporting a sustainable future. However, not everyone is convinced, so any innovation or cost savings is extremely important in bringing more property owners into the (sun)light” -Daniel S. Sharabi - Livable CEO
Federal Solar Incentive
In 2020, Congress passed an extension of the ITC, that saw properties with solar panel systems installed before December 31 2019 were eligible for a 30% tax credit. Systems installed in 2020-2022 26% and a 22% tax credit for systems installed in 2023. In addition to the federal tax rebate, local utilities offer rebates up to $1.25 per watt created, depending on the municipality. Check with your local energy supplier to get up-to-date incentives in your area.
Do you need a cost-saving plan for your solar-powered property? Book a call with Livable today and let's talk about how we can save you more money and increase those profits. Using our RUBS program we can assist by offsetting the rising costs of utilities to aid you in recouping some of your costs.
Your kitchen consumes the most energy in the home between cooking, cleaning, storing food, and washing dishes, here are some tips to conserve energy.
→ Before you put leftovers in the fridge, let hot food cool first, this prevents the refrigerator from working extra hard to cool the food using extra electricity.
→ An overstocked fridge can block cold air vents and the motor will use more energy running harder to keep food cold.
→ Match the size of your freezer with your needs the best you can, if you can make do with just your fridge freezer, unplug your deep freezer to save energy.Oven/Stove
→ Did you know preheating your oven isn't actually necessary for foods other than baking bread and pastry?
→ When using the oven, use the oven light to check food and keep the door closed to maintain heat.
→ Invest in an electric frying pan for simpler frying needs, they use less electricity than a conventional stovetop to cook the same amount of food!Other Appliances
→ Clean the filter at the bottom of your dishwasher often to keep the machine running efficiently.
→ When boiling water, use an electric kettle rather than the stove - heating up water on the stove is actually less efficient as when the water is boiled it turns itself off.
→ Use small appliances such as microwaves or toaster ovens to cook smaller amounts of food and to re-heat food.