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Everyone seems to be installing solar panels on their roof these days. New data shows a solar hot water and space heating system is a better option than a solar electric system (PV) to save you money. Documents from the Solar Rating and Certification Corporation, a non-profit organization that rates solar system efficiency, recently rated the difference between the two systems. Certain factors settle the dispute: heating your water and your home using solar, wins by a landslide compared to a PV system. Here's the breakdown: 1) System Cost: SunMaxx Solar, a leading solar thermal company, says the typical 4-person home will need an 80 gallon tank and 2 collectors. SunMaxx sells this system for $4,000 to $8,000. An installed PV system for a 4-person home costs between $16,000 and $20,000. 2) Efficiency: A PV system is between 15-18% efficient. Solar hot water panels are between 70-90% efficient. 3) KWh Production: According to the SRCC, the SHW installation in our Richmond VA home will produce about 3,100 kWh per year. The home's PV system will only produce 2,453 kWh in one year. 4) Payback: According to the SRCC, in order to generate 1 kWh, if you install PV system, it costs $3.86. For solar thermal, it's only 0.86 cents. Basically, it's a quarter of the cost to generate 1 kWh. 5) Roof Space: Most homes do not have roof space for large PV systems. A recent article on Renewable Energy World's site, says "... it typically takes nearly four times the roof area for PV to produce the equivalent energy as a SWH system." SunMaxx Solar CEO Adam Farrell, understands the downside to solar thermal because today, "PV has distribution channels and financing programs which has significantly reduced the cost and installation of a system...Solar thermal is still new, and distributing product through inefficient channels, thus increasing the system cost." That being said, imagine the economic benefits in the future. In the meantime, solar thermal systems are still 8x more efficient, cheaper to install for kWh, and also have better state rebates. In the end, solar thermal is destined for a "bright" future.

FOR IMMEDIATE RELEASE: This week, SunMaxx Solar selected Edward Gunn as Vice President of Sales. "The industry is growing, and our sales team is expanding so we can meet the solar hot water demand," says CEO Adam Farrell. "...Ed is the only person I trust to head this up." The new VP of Sales has worked with the company's solar thermal hot water systems for nearly five years. During this time, Gunn worked with thousands of dealers across the world as well as thousands of residential and commercial projects across country. Gunn mentions,"working with solar is a rewarding job, because you feel good about it. Not only are you saving people money, but it's also a job that makes a difference." Gunn started with Sunmaxx in 2009 as a sales representative. The company says his product knowledge and technical expertise in Solar Thermal Hot Water systems were acknowledged in 2010 when Gunn was promoted to Sales Manager. Originally from Saugerties NY -- the Hudson Valley of upstate NY -- Ed graduated from SUNY Stonybrook with BS Bachelors Science Degree. Ed worked for medical sales company for 5 years before joining SunMaxx Solar. For more information, contact SunMaxx Solar's marketing department: [email protected]

FOR IMMEDIATE RELEASE: SunMaxx Solar CEO, Adam Farrell, was recently invited to attend the “Revolution” series premier at the United Nations to spread the word about Solar Thermal Systems to the international community. During the event, Farrell spoke to various UN leaders about the growth of solar technology and its importance in countries all over the world. "SunMaxx has always provided solar thermal systems to the international community. Today, the SHW demand in third world countries is sky rocketing because of the high cost of electricity." Also the CEO of Silicon Solar, Farrell made officials aware about the new community outreach initiative within both companies, “Empower Earth Program.” The program teaches communities about solar systems. Farrell explains, “it is incredibly important for the international community to be aware of this program. It will make a difference in the quality of life for so many people all over the world.” Silicon Solar’s, Stephen Leung, heads up the program. “We are going to different schools, setting up areas with videos, products, and other tools to teach kids about solar technology and the importance of solar in the future.” Leung also says the program also includes fundraising to help developing countries access solar benefits. It is a section that allows customers to help us make a difference. Leung explains the initiative will include fundraising for a range of projects like, “a school in Africa get a hot water system, install a lighting system for a village in India.” To learn more, visit http://www.siliconsolar.com/empower-earth/

FOR IMMEDIATE RELEASE: SunMaxx Solar CEO, Adam Farrell, recently participated as a panelist in the "Energy and Environment Conference" hosted by Columbia University's School of International and Public Affairs and The Earth Institute. This panel examined the feasibility of renewables, by looking at the financial structures in place to support solar, wind, and hydropower. The discussion focused on international transactions. Farrell, along with other experts from energy companies, investment banks, and legal arenas, talked about the multifaceted issues surrounding energy globalization. The panelists discussed issues including economic viability, the future role of distributed energy generation, market-based solutions versus publicly-backed solutions, and energy's changing legal framework. Most importantly, Farrell discussed how solar thermal hot water technology is ever reshaping energy. For more information, contact SunMaxx Solar's marketing department.