The Sunbeam - September 2019 Edition

Welcome the September edition of the Sunbeam, by Cape Fear Solar Systems! Hoping everyone has had a sunny summer up to this point. We are busier than ever, installing both commercial and residential projects at an unprecedented pace. As most of you probably know, 2019 is the last year where the full 30% federal solar tax credit can be claimed, before it begins to step down. There is a large inflow of clients signing up to install solar before the tax credit is projected to sunset – we’re anticipating the busiest 4 th quarter ever this year! There’s some talk in the industry about the off-chance that this incentive is extended (linked article below), but at this point it appears that the step down will proceed as projected. If you know of anyone would could benefit from the tax benefits associated with going solar, make sure to let them know that this is the best year to do it! We’ll keep you updated as we hear news regarding the tax credit and it’s developments. Another popular trend in this latter half of 2019: home battery storage! Living in “hurricane alley”, many homeowners here in the Cape Fear area are starting to take advantage of home battery systems that can be coupled with their existing solar array, to provide power in the event of a grid outage. We’ll show off a few exciting examples in this month’s featured installations. If you’re interested in the viability of adding backup energy storage to your existing solar array, please reach out for more details! As solar ever increases in popularity in this area, and across the nation as a whole, we’re so thankful for such a great family of clients. You are the trendsetters, the early adopters, the future-minded – you are setting the standard for solar becoming the norm. Thank you for being a part of a very bright future for solar.  Forrest Sanderson Residential Project Developer Our Referral Program Most of our business comes from word-of-mouth and from referrals. We so appreciate the positive feedback you’ve shared with friends and online. Let us know who you may know that could benefit from going solar! If solar ends up working for them, we’ll make sure to thank you (read about our referral program here )!

Know someone who is interested in looking into solar? Click the button below!

Refer a friend!

*Effective May 30, 2018. Referrals must be deemed “Qualified Individuals” to be eligible. Qualified Individuals must be at least 18 years of age, be a property owner and their property must be suitable for solar. For each Qualified Individual that completes a solar system installation on his or her home pursuant to a contract with Cape Fear Solar Systems, LLC, referring individual will receive $500.00 in the form of a check after collection of the final payment. The $500 referral fee applies to a solar photovoltaic system; solar water heating system and pool heating system referrals are remunerated with a $100 referral fee. Solar installation must be completed within one year of referral to qualify. Cape Fear Solar Systems, LLC reserves the right to change or discontinue this promotion at any time in its sole discretion and without notice. Terms and conditions apply, and not every individual will qualify for solar system installation. This is a limited time, non-transferable offer and cannot be combined with any other offer.

Featured Testimonial Video: The Adams

Meet Dr. Richard and Lynne Adams, local retired residents here in the sunny port city of Wilmington. At the age of 80 years young, the Adams had their first solar installation and the rest was history. The Adams have been relaxing and loving their solar powered home ever since. At now 83 years of age, both Richard and Lynne joked about their conversations with friends regarding solar in good spirits. They stated that their friends always comment on their decision to go solar at "that age". "I think they're somewhat envious," Richard said jokingly. "They're all in their seventies!" Lynne remarked. Richard and Lynne told us that they were frequently asked "Why go solar at your age?" Richard and Lynne had a simple answer to the question - "Do it, because you won't be sorry. It makes you feel good, we sleep better at night knowing we do something to help the environment. We save money and we have potential resale value to our advantage." We loved working with the Adams and are so glad that we could provide them further comfort in their home. We wish them many more years of solar powered happiness! Want to learn more about the Adams' experience with Cape Fear Solar Systems? Click and watch below!

Thank you to our many customers who have given us written or video testimonials! It’s a fun way to feature these here, so that we can hear the stories of other like-minded solar customers. Many of you have expressed interest in doing a testimonial – if you’d like to do so, please click on the button below (It will take you to our website to look at previous testimonials as well as notify us to reach out). Then we can get you on the schedule (and hook you up with a fun solar thank-you gift! 😊).  

I would like to provide a testimonial!

September's Featured Installations

Every month, we’ll select a few solar systems to show off in this section. Please continue to send in the great pictures of your array if you’d like to be featured!

Wilmington, NC Live Oak Bank Building One: 123.63 kW Wilmington, NC Live Oak Bank Building Two: 118.5 kW Check out the full Live Oak Bank Installation video here! Leland, North Carolina 7.40 kW Hampstead, North Carolina 16.20 kW Surf City, North Carolina 5.89 kW

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Solar Updates - What's New?

Cape Fear Solar System Video Series

We are thrilled to announce that we are introducing our first ever video series. Within the video series, you will be able to find solar industry updates, tips, and solar system how-tos! The series will be available through Facebook, Twitter, Instagram, LinkedIn, and YouTube. We cannot wait to share more, keep your eye out for the next episode of the Cape Fear Solar Systems video series! Be sure to follow us on social media through the icons below to stay up-to-date with our video series. If you would like to subscribe to our YouTube channel, click here . If you have suggestions or requests for the video series, be sure to let us know at marketing@capefearsolarsystems.com Check out our latest video by clicking above!

US Solar Industry Braces for ITC Stepdown While Making the Case for Another Extension

A recently published article by Green Tech Media discussed the concern surrounding the quickly approaching decline of the 30% federal solar tax credit. With 2019 being the last year for the 30% federal solar tax credit, executives in the solar industry have expressed distaste towards the quickly fading incentives. Solar executives, business owners, and residential homeowners alike all face the issue of the diminishing tax credit. By 2022, the solar tax credit will drop to a measly 10% for commercial owners, while residential homeowners are left with a shocking 0% solar tax credit. SunPower Ceo Tom Werner voiced his opinion on the controversial topic. "Climate change is topical thanks to the Green New Deal, among other things," Werner stated. "We need to do something about climate change, and the most straightforward thing to do is extend the ITC and the [wind Production Tax Credit]." Those active in the solar industry are openly having the discussion of extending the tax credit, but are not hopeful in seeing much extension in the life of the solar incentive. Tanguy Serra, chief strategy officer at Loanpal, remained positive when faced with the topic of the disappearing federal tax credit. "As long as the industry really focuses on reducing costs... thing will be fine," Serra stated. "And if the ITC gets extended, that creates more runway." Want to read more about the ITC Stepdown in the US solar industry? Click here and head over to Green Tech Media to learn more.

We have exciting news – Cape Fear Solar Systems is now a Tesla Powerwall Certified Installer! With Powerwall you can store solar energy generated during the day for use any time. During the day, the sun shines on your solar panels, charging your battery. At night, your home draws electricity from your battery, powering your home with clean, sustainable energy 24/7. Access the free, abundant power of the sun with Powerwall and solar panels. Learn more at Cape Fear Solar Systems #TeslaPowerwall

Quote of the month: "Compare yourself with who you were yesterday, not with who someone else today." - Jordan Peterson

Get to Know Your Solar Team

Kyle is our featured employee of September 2019. Kyle has been with CFSS for 7 years. About Born: Pt. Pleasant, NJ Pets: Allie (calico colored cat) Foods : Peanut butter (yep), meatloaf, burgers TV Shows : Fixer Upper Favorite CFSS Activities : Doing electrician work; making installations look awesome Favorite Activities (when not at CFSS): Eating out with my wife, Meghan... working on the house or other fun activities like being a camp counselor  Dream Travel Destination: I’d love to travel to Hawaii... and the Disney World Star Wars park... and Waco, Texas... and... Read his bio here .

Kyle Vincek - Lead Solar Installer/Electrician

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