Why non-renewable energy sources are running out
What is Solar Energy and its relevant history
What makes Solar Energy such a great source of renewable energy
Benefits of installing a solar system as a homeowner and/or business owner
Non-renewable energy sources are those that will eventually be depleted. Unlike renewable sources, like solar and wind power, we cannot produce more non-renewable sources, making them a finite resource. The most common non-renewable sources are fossil fuels: oil, natural gas, and coal. Burning these resources releases harmful chemicals into the atmosphere and is a leading cause of climate change. As we move towards a cleaner future, it is important to find alternative energy sources that are renewable and will not damage the environment.
Despite the efforts of many nations to reduce their reliance on fossil fuels, the demand for energy continues to rise globally. In fact, according to the Global Energy & CO2 Status Report of 2019, global energy consumption grew by 2.3% in 2018, driven by a strong global economy and higher heating and cooling needs in many parts of the world thus double the average rate of growth since 2010. Consequently and according to the MAHB, the world’s oil reserves will run out by 2052, natural gas by 2060 and coal by 2090, as displayed in figure one.
The world is heavily reliant on these fossil fuels for energy, and their depletion would have severe consequences. The good news is that there are alternative sources of energy that can be used to power the world. These include solar, wind, and hydraulic power. These alternative sources of energy are renewable, meaning they will never run out and are also more environmentally friendly than fossil fuels. Switching to these alternative sources of energy is essential for the survival of the human race.
Figure One: Energy Reserves in Billion Tonnes of Oil Equivalent
Think about it for a minute, which renewable energy source do you think is the greatest? If you guessed the sun, then you are right!
We cannot deny the fact that all forms of renewable energy from wind, sun, geothermal heat and hydroelectricity are all great alternatives; in fact, as technology advances, scientists and researchers are constantly finding new ways to generate clean, affordable electricity to power our homes, offices, vehicles and much more through them. However, solar energy continues to be the one that stands out amongst all renewable energy resources. The sun is by far our most powerful renewable energy source. It does not matter where you live, the power of light will always be there for us in whatever form it takes!
If you need more evidence to believe in the power of sun, then you should know that research conducted by the Solar Energy Industries Association (SEIA) have shown that solar energy has substantially increased by 68% in the past decade making it the fastest-growing source of power, exceeding all other renewables growth.
If you wish to learn more about the research conducted by the Solar Energy Industries Association (SEIA) we've got you covered
The technology of solar panels and green energy has soared in recent decades reaching high levels of innovation and efficiency, but the idea of harnessing the sun’s energy is not new at all. In fact, there is an extensive history of solar energy dating back to the 7th century B.C. and still has enormous potential for growth in the future.
History has shown us that the sun’s power has always been an important energy source to humankind; in fact, the sun’s power was once utilized by ancient civilizations, like those in Greece who used magnifying glasses to convert sunlight into fire for religious purposes and setting ships on fire. Nowadays though - with decades worth of progress made - we have developed modern technologies that can harness and convert sunlight into a usable form of heat and electricity, powering not only homes and businesses but many countries around the world as well.
Adding to that, solar has been on quite the expansionary trajectory over the last decade. According to the SEIA (Solar Energy Industries Association), solar has experienced an average annual growth rate of 33% - as seen in figure two – due to falling prices and increasing installation volumes across markets worldwide.
Figure Two: Cumulative U.S Solar Installations from 2007 till 2022.
With global warming continuing to evolve, it is imperative that we find new ways of living, which do not contribute so heavily towards the problem. Solar energy offers a great solution as it provides us with clean, affordable energy through harnessing the power of the sun’s ray to power our home and offices.
Let us provide you with a simple overview on WHY YOU SHOULD GO SOLAR:
While there are many reasons to use solar energy for your home, one of the most important benefits is that it can provide a clean and sustainable source power. The use of photovoltaic (PV) panels has been proven time and time and again as an excellent way reduce harmful carbon emissions while also not releasing any greenhouse gases or other toxic substances into our air; hence, a way to protect our planet, reverse climate change and ensure a cleaner tomorrow.
Are you tired of playing guessing games with next month’s electric bill? Imagine having the same electric bill every month, regardless of the season and the constant rising energy rates. This could be your financial reality when choosing solar energy!
The main reason most homeowners and business owners go solar is reduce their electric bill. With Palmetto Energy, we can help you save more than 40% off your electric bill, as well as guide you on how you can reduce your energy consumption, reducing your overall energy costs.
Not to forget, with solar energy and our team of solar experts here at Palmetto Energy Solutions, we can help you accurately forecast the cost of your energy use for more than 25 years. Predictable energy rates mean a more predictable budget!
With the right care and maintenance, your solar PV system will last longer and stay efficient. Solar panels require very little maintenance to function properly; however, cleaning your solar panels from time to time is essential to ensure maximum energy production.
We will cover everything you need to know about the panel’s maintenance in Chapter Six.
A study conducted by American Association Appraisers found that a building with a solar system installed has a higher market value than the same building without the PV system.
So, hurry up homeowners and start your solar journey!
Our team can help you from A to Z, all you have to do is reach out to us and we will take care of the rest! Book your free virtual appointment now!
The benefits of investing in solar energy for your property are endless, and both financial and environmental. Keep reading to learn about it all!
A 30% federal tax credit is available to help offset your tax liability! Moreover, businesses can take advantage of 60% bonus depreciation in the first year the solar system is placed into service. The remaining 40% will follow the five-year MACRS schedule.
Several factors impact the amount of space needed for your solar system. Some of those factors include how much electricity the system needs to produce (this impacts the number of panels needed), the type and size of the panels that are chosen, and the available space.
Solar can be installed on most roof types, including solar on metal (standing seam and ribbed), shingles, and rubber roofs.
No. Solar panels can be installed using a roof mount, ground mount, or carport.