We’re on the brink of a climate revolution.
News about the ill effects of climate change in the US, such as the extreme weather patterns that we’re all experiencing is becoming a mainstay in headlines.
In 2006, we all heard about the documentary by Al Gore, The Inconvenient Truth, which catapulted climate change to the forefront.
Truth is, there have been many calls for a transformation in climate policy and in how we take care of Mother Earth years before that that would slow down the advancement of environmental decay, but we were all too busy to listen.
And now that it’s here, all we can do is adapt.
The great news is that technology and innovative thinking are on our side. One of the many solutions that are poised to lead the battle to combat climate change is renewable energy.
Solar, wind, and hydropower.
Now, let’s focus on Solar Energy.
An all-around energy source
Solar solutions have become such a retail solution for a lot of things: streetlamps, power banks, motion sensor lights, etc. And not to mention the boom of residential solar panel installations in recent years.
Since solar energy is harnessed from sunlight, which we can all freely take advantage of, the uses for solar are limitless! There is even ongoing research on how to further expand the use of solar to various modes of transportation, energy harvesting trees, solar paint, and more.
The goal of research such as these is to find ways to broaden solar energy’s scope and transform it into a ‘core component’ of the energy system.
>Simply put, if we’re to collectively switch
The inevitable cost of using solar
According to an article by Forbes.com, we can expect to see something like a flat rate for the use of solar energy in the future.
Similar to telecommunications, it used to be that there are varying charges depending on the location of the person you’re talking to. But with the advent of the internet, the cost for such things has become so cheap that telecom companies just issued a flat rate to make things easier.
Consequently, once the demand for solar becomes exponentially high, we can expect that rates – whether for the materials or labor will also become more affordable. This is something that we’re already seeing now as opposed to how pricier solar panels were 10 years, or 20 years ago.
A legacy of renewable energy
In a momentous feat to battle climate change, President Biden signed into law the Inflation Reduction Act, which includes the renewal of the Solar Tax Credit.
This law encourages families and business owners to switch to solar, making them eligible for a 30% tax credit that can be claimed from income tax.
In addition to that, there are various incentives that solar users can experience; incentives such as Solar Renewable Energy Credits (SRECs) wherein every 1,000 kilowatt-hours (kWh) that your solar panel produces is equivalent to 1 SREC that can be sold to utility companies or net metering.
There are also numerous actions from different states like California that mandated all newly-built homes beginning in 2020 to have solar panels installed. Or here in Virginia, the Clean Economy Act requires all electricity must come from renewable sources like solar, wind, or hydropower by 2050.
Key Takeaway
Much like any technology, solar power adapts.
It adapts to the rising need of everyone and it is for everyone. We all crave a better quality of life and solar can be one of the solutions for it.
Now’s the time to make the change so that you and your loved ones can enjoy pollution-free tomorrow.
To make an appointment, contact us at (804) 452-7699.