How Much Can Solar Save?

Piggy bank

It’s common knowledge that solar energy is good for the environment. But is it possible to maximize solar usage not just for the earth, but also for your wallet? As solar energy becomes increasingly affordable, the financial incentives that come along with installing solar panels are just as persuasive as the green incentives.

There’s a reason why almost 645,000 US homes and businesses made the choice to switch to solar energy in 2014 -- it’s because solar panels are a smart investment that save homeowners much more than what it costs to install them. Why waste the environment and your money when the earth is hit with over 8 million quads (1 quad = 1,000,000,000,000,000 BTU) of clean, renewable solar energy every year?

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Government Investment Really Works Sometimes

The White House announced plans to not only increase programs for energy efficiency but also to have the Department of Energy increase it's investment in programs designed to get military veterans involved in the transformation of how this country generates it's energy.

Orlando Embraces Shared Renewable Energy Program

Bob Miller Solar In Orlando

America has long questioned whether or not customers would be interested in renewable energy as a source of energy. This question has found its answer as all around the nation as utility companies and consumers rework the grid to add in more renewable energy sources. Florida is famously known as the “Sunshine State”, so the installation of solar panels in Orlando should be an obviously effective and reliable source of alternative energy. Orlando’s utility provider, Orlando Utilities Commission (OUC) has sold out a total of 400kW of renewable energy in an alarming six days. Solar, wind, and all forms of renewable energy are clearly emerging as a logical next step for energy creation. This progression looks as if it won’t be slowing down any time soon considering many of the obvious benefits I will discuss below.

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Can utility companies innovate?

Utility companies might begin investing in distributed generation

Editor's note: This is the third post in a three-part series

Traditional utility companies know there is a looming threat to their business model in distributed solar energy generation.

The Edison Electric Institute, a utility trade group, has acknowledged similarities between its current position and the crossroads that the telecommunications industry stood at a decade ago. Telephone companies, like Bell Atlantic which evolved into Verizon, thrived after making the switch to an increasingly popular technology that better adapted to the way people's lifestyles

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