Charlotte Motor Speedway

Charlotte Motor Speedway

The Charlotte Motor Speedway Miles Ahead of the 2021 Solar Tax Credit Reduction!

   The Charlotte Motor Speedway‘s partnership with Renu Energy Solutions is a 42,000-square-foot  solar deck. The Turn 4 Sun Deck is powered by 773 photovoltaic modules (solar panels) that produce more than 315,075-kilowatt-hours a year, reducing energy costs by $25,000 annually.

 This solar investment not only saves money but demonstrates Charlotte Motor Speedway’s long-term commitment to the local community and their environmental stewardship. The Turn 4 Sun Deck offers racing fans a wide array of entertainment, food and lodging options while allowing CMS to significantly reduce its carbon footprint with solar power. 

Commercial solar energy systems are available for businesses of every size, and we’re ready to help you on your path toward powering your facility with renewable solar power.

From pharmacies to breweries, warehouses to animal hospitals, preschools to offices, farms to garden centers, even large industrial complexes – we have shown diverse commercial customers the benefits of solar and delivered solutions that work.

 

Frequently Asked Questions About Solar:

How exactly does going solar and a solar system itself work?
Solar energy begins with sunlight that hits the panels to produce energy that flows into your inverter, which converts the DC energy into Alternating Current (AC) electricity that can be used to power your home. This same energy is then consumed when powering your home’s light, appliances, gizmos, and gadgets. If you feel your home isn’t producing the energy that it needs, the utility will fill in the gaps. If you system produces more energy than needed, that energy will go to the grid and your utility will credit you for the unused power.
How many solar panels do I need for my home?
At Renu Energy Solutions we design our solar panel systems size based on three main factors.

Roof-size/available space: When we look at the size of your roof and the space available, we gather data that tell us the maximum number of solar panels your home or site can hold and we even consider shading. We use a software “Suneye” which takes a 360 picture of your roof and we use this photo to determine if your home is a good candidate for solar.

Energy Usage: When we determine energy usage we look at your past electrical bills from over the course of a year to make sure your system isn’t too big or too small.

Your Budget: We take your budget seriously and most importantly, we want you to be satisfied with our services. We take your feedback on how much you want to spend so that we can size your system appropriately.

What is solar net-metering?
Net-metering is a type of utility policy that controls how your system is connected to the grid and how you are credited for the solar energy you produce.
Does Duke Energy offer net-metering?
Yes! Both Duke Energy Carolinas and Duke Energy Progress territories in NC offer net-metering when your homes goes solar. If you are interested in net-metering, no worries. Our team will guide you through the process as certain utilities have a different application procedure.
Curious about the cost of a home solar system?
When our clients ask this question, we immediately tell Tham about the federal tax credit that comes with going solar. The Federal tax credit for going solar is 26% in 2020. For example, if the total cost of you system was $22,000, when you subtract 26% you are then left with a %16,280 solar system. There is not set price for a home going solar as there are many factors that contribute to the total cost. The price of a solar home can range from $10k to $100k based on the size of your roof, energy usage, aesthetic preferences, and of course, budget.

 

 

Ready to Own Your Own Energy?

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