During the first quarter of 2018, the United States adopted solar power more than any other type of electricity. In fact, solar energy accounts for 55 percent of new electricity added across the country during this period of time. This is exciting news not only for our customers and us but green-minded people all over the nation.
Here are a few highlights from an informative article on Business Insider documenting this growth:
- Exponential growth in the solar industry despite the 30% tariffs imposed by the Trump administration on foreign panel imports (that were later repealed).
- Most new United States solar projects are those introducing power to the country’s electrical grid.
- In 2017, solar energy was the fastest-growing global electricity source.
Evidently, more businesses are taking notice of the many benefits associated with going solar, almost all of which are long-term. Today, let’s examine why the impending solar energy revolution is poised to make such a positive impact on us as a society.
Collectively Reduced Carbon Footprint
As more companies realize that solar power is here to stay and become ever-more widely adopted, they may develop a deeper understanding of the benefits associated with switching over. For every company that joins the solar energy revolution, our collective carbon footprint is further reduced.
Our goal at KB Racking is to help the world switch over to dependable, highly efficient solar energy solutions to help not just businesses, but also the environment. The findings raised by the Solar Energy Industries Association (SEIA) are a clear indicator that we’re moving ever-closer towards that goal! We believe that adoption rates will continue to climb as a result of the demand for renewable energy overtaking that for fossil fuels.
In 2017, the cost to produce a single megawatt-hour of electricity from solar power equated to around $50. This is dramatically lower than the price of nearly $102 associated with coal power, and it’s an obvious benefit to businesses who manage to find a high-quality solar solution to meet their needs. We ourselves have been handling several of these projects at KB Racking, with more companies wanting to implement solar mounting solutions that offer less budgetary strain and maximum savings potential in the long run.
Increased Potential for Businesses, Large and Small
Not only are businesses who go solar poised to save exponentially in the long term on energy-related expenses, but high-quality solutions such as those by KB Racking are designed to require minimal maintenance and last for many years to come. This allows for a further reduced strain on operating budgets, giving you breathing room to grow your business and seek out new ventures as you see fit.
Businesses around the world of any size can take advantage of a reliable, renewable energy resource combined with reduced operating and repair costs by joining the solar energy revolution. If you’re ready to adopt a future-facing means of energy production, reach out to us at KB Racking today. We can deliver a custom solution designed not just to meet your needs, but exceed expectations.