Did you know that HVAC systems can be powered by solar energy? This isn’t terribly new, but the way solar can power your HVAC has evolved over the last few years. Is it something that could be an option for you? Is it worth it?
Indiana is known for its drastic temperature swings and four seasons. For this reason, many people assume that Indiana doesn’t get enough sunshine to really take advantage of solar power. While the energy savings in Indiana may not be as significant as the energy savings in Florida, it is still something to consider.
While an HVAC installation is an investment, the federal tax credit and utility rebates are still in effect for high efficient equipment and solar energy. Through December 31, 2016, the federal tax credit for solar systems is 30% of entire installation cost with no maximum allowance. If there is an excess tax credit, that excess is generally carried over to the following tax year.
In addition, solar usage has come a long way in just a few years! When solar first came on the market in the HVAC industry, it was basically a single solar panel that attached to the outdoor unit. It’s a little different today. Since we are an independent Lennox dealer, I’m going to discuss this in terms of Lennox equipment. Some models of high efficient Lennox equipment are “solar ready.” This means that the new equipment can be installed and the solar panels can either be installed at the same time, at a later date, or never! Up to 15 panels can be installed for each air conditioner or heat pump. You can even start with just one or two panels and add more at a later time. The solar energy generated is first used to power the air conditioner or heat pump. If the HVAC system is not running, that energy is then used to power other appliances, lighting and electronics.
A communication module also sends data to a website so you can monitor your system at any time! Data that is accessible on the website include energy production, system performance and environmental benefits.
So, is it something to consider? We’d say so! It’s worth learning about to see if a solar investment makes sense for you and your home or business. Contact us anytime for more information or with questions!