why-solar

Green-friendly energy programs such as wind and solar have become a political hot button in recent years, placing public policy and programs like Renewable Portfolio Standards (RPS) under attack by those who claim they’re bad for business. The reality is that an RPS is a powerful economic driver that can stimulate a local economy through job creation and reduced operating costs for many companies.

As market volatility and global unrest continue to create massive fluctuation in fossil fuel markets, renewable energy is proving to be the future of energy production. Here are five reasons that signify the shift to renewables.

What are SRECs?

If you’ve spent time looking into solar for your home or business, you’ve likely heard the term SRECs, which stands for Solar Renewable Energy Certificates or Solar Renewable Energy Credits. SRECs are solar incentives offered to homeowners and businesses who have a qualifying solar photovoltaic (PV) system. Utility companies then pay system owners for these certificates as a way for the utility to meet their state-issued Renewable Portfolio Standard.

As more states begin to implement Renewable Energy Portfolio Standards (RPS) and establish carve-outs for wind and solar production, the question arises; which source of renewable energy production is best? Although both offer significant benefits, there are some key factors to consider before crowning one king.

Whether or not you can power your entire house with solar depends on a few factors: the size of your solar installation (the bigger it is, the more it can power), the amount of sunlight it is exposed to, and the amount of energy your household uses.

The return on investment on a new solar system will depend on:

• The size of the system and the layout of your site,
• Your current energy consumption and costs,
• And how you decide to finance your solar system.

State governments are encouraging the installation of renewable solar energy by offering enticing incentives—often working collaboratively to ensure painless installation. 

If you’ve been looking for ways to make a difference, installing solar energy can help you use fewer finite resources—and save on energy costs, too.

In recent years the United States has become one of the largest energy producing nations, further cementing the ideology of an energy independent country far from the control of external entities primed with massive reserves. This feat has been met with ample amounts of applause and scrutiny from energy experts ranging in a variety of disciplines.

You hear a lot about energy independence these days, particularly when the conversation of renewable energy is brought up.