Renewables company says orders for residential solar installations soar
Moore Energy recently announced it has seen a major surge in orders for residential solar energy installations due to an increase in rates set by PECO.
The rise in orders for residential solar systems after PECO eliminated its residential heating rate discount. The utility recently informed all its customers that as of December 31, the discount will no longer be available to them. This could result in electricity rates that are roughly twice as high during the winter months.
"We have received a number of calls from homeowners concerned about this rate increase who are seeking ways to reduce or eliminate their electric bill with a solar system," said Barry Alan Moore, President of Moore Energy. "Financial incentives from the Federal Government and the State make solar systems even more of an attractive investment."
The company operates out of Pennsylvania, and provides solar energy systems for residents in Pennsylvania, New Jersey, New York, Maryland and Connecticut.
With energy deregulation laws in place in all of these states, Moore hopes to encourage customers to switch to renewable energy, as the cost of installation has dropped significantly.