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What is the connection between higher interest rates and solar energy: a lot because they dictate the future of the installation of the solar system; Solar Integrated Roofing Corp. (OTC PINK: SIRC) would benefit from more solar systems in 2022

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There is a direct long-term link between the higher interest rates predicted by the Fed in 2022 and solar installations funded in the new year. So why are analysts like Motley Fool so torn by yesterday’s short-term 7.2% midday drop in shares of solar firm Enphase Energy (NASDAQ: ENPH). ENPH not only recouped half of that loss at the end of yesterday’s trading session – the stock actually rose 1.31% to $ 152.80 on the afternoon of trading last night. Solar installers like Solar Integrated Roofing Corp. (OTC PINK: SIRC), interest rates could increase in 2022, but contrary to what analysts say, they will not stop the sure momentum of solar. The same goes for housing and electric cars. And SIRC is also in the sector of charging stations for electric vehicles, through its subsidiary PLEMCo.

stockmarketpress.com offers specialist coverage of related stocks in solar power, roofing, electric vehicle charging stations and battery charging power, such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), DG (NYSE: GM), Charging point (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

What is the connection between higher interest rates and solar energy: a lot because they dictate the future of the installation of the solar system; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Would Benefit From More Solar Systems In 2022

The media in general seem solar-inclined for several reasons. Potentially higher interest rates are now the most recent raison. Meanwhile, newspapers, magazines, and cable TV are cheerleaders for the growth of electric vehicles. These are purchases of $ 70,000 to $ 100,000 by consumers, fully funded and also subject to higher interest rates.

Which give?

The Wall Street Journal this week played ‘Debbie Downer’ on Solar for several reasons:

  • He cited the California Public Utility Commission (CPUC) proposed ruling on net metering – which was not yet finalized until early 2022, which would increase fees for consumers who own solar systems trying to sell the net. excess solar electricity to the central grid. New access fees are coming. He also discussed the lower returns on investment to solar consumers for selling their excess solar electricity to the central grid.
  • It is about utilities versus owners of solar systems. It’s odd, as buyers of new homes in California were mandated last year to run entirely on solar power. Confuses?
  • The WSJ concluded that because of this and other issues, the solar power “drive wheels” on the rooftops must have come off at some point. “Expect a few wobbles to come, but not a crash,” he concluded in a ‘Heard in the streetyou

It is not a resounding endorsement. Investors must believe the facts. Non-profit organization estimates solar and other renewable energy sources will produce within three years 30% of the country’s electricity capacity, dropping from just 25% today, due to its momentum through new financing and sophisticated technology. Solar and growth are here to stay.

Ken Bossong, executive director of the nonprofit Sun Day Campaign, said: “Prudently, over the next three years, renewables are expected to grow from about a quarter of the country’s generation capacity today to at least 30% and probably more. What is the connection between higher interest rates and solar energy: a lot because they dictate the future of the installation of the solar system; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Would benefit from more solar systems in 2022.

Rather than reading online and in print how solar is “wobbling” and an analysis of how a solar stock trades mid-session, investors need to take a more serious look at how solar is gaining ground.

Despite government tailwinds, some headwinds are slowing but not stopping – solar growth. California may be the leader in rooftop solar power with 3.1 million customers with solar systems, but Massachusetts is not far behind. Government officials blame the bureaucracy for the snafus. They will be defeated.

The same is true of measures taken by utilities in California to paint with a broad brush and improve the energy efficiency of owners of solar systems at the expense of low-income taxpayers.

Rechargeable solar batteries are an important buffer for owners of solar systems. They can store their excess electricity on their own – or share it with other owners of solar systems – and the SIRC is in the Tesla (NASDAQ: TSLA) The solar battery installation company PowerWall also.

Yes, interest rates will increase in 2022 by the Fed. It won’t stop the boom in consumer housing, electric car sales, or rooftop solar installations. They can play a role in this regard – as higher gasoline prices impact vacation driving – but they won’t have a serious impact on growth. Consumers are determined to live with it for the long term.

Solar power and other renewables generate a higher percentage of the country’s capacity needs. According to the “Bring Me The News” site, electricity prices have jumped 30% over the past 10 years in some states. This makes solar not just a preservation buy, but also a low consumption to buy. What is the connection between higher interest rates and solar energy: a lot because they dictate the future of the installation of the solar system; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Would benefit from more solar systems in 2022.

Joining the core grid for solar power is inevitable, but it can also be profitable and efficient. It is not just a question of rejecting carbon dioxide from fossil fuels, but of an important economic sense to switch to solar now.

SIRC is well positioned in this strategy because it is an authorized Tesla installer (NASDAQ: TSLA) PowerWall rechargeable solar battery systems.

Homeowners and small business buyers of solar systems can clearly see that 2022 offers them a rare chance to beat increases in central grid electricity. They can also pass now before federal solar tax credits drop from 26% to 22% in 2023. Solar loan money is plentiful and inexpensive. The time to go solar is now inexpensive.

The cost of central grid electricity increases, making the payback period for solar energy less than eight years. Buyers of solar energy can install systems for next to nothing if they do so now.

Utilities, such as the California Public Utilities Commission (CPUC), seek to raise tariffs vs owners of solar systems – proponents of solar energy are fighting “critical peak prices” for utilities. To entice potential buyers of solar systems, proponents of solar energy have developed strategies to make buying and owning solar energy a financially efficient investment. Solar installers alike will benefit.

Overall, the strategy is to stay clear of the higher peak demand charges that utilities seek to charge through higher utility “critical peak rates”. Homeowners can customize their solar energy savings by saving their solar electricity for use during peak hours – when electricity costs Following of the central grid.

What is the connection between higher interest rates and solar energy: a lot because they dictate the future of the installation of the solar system; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Would Benefit From More Solar Systems In 2022

To learn more about SIRC, visit https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock market press

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COMTEX_400305053 / 2785 / 2022-01-10T08: 39: 50