Traditional energy prices may be low, but solar energy is taking over!
In yet another record-breaking year, the solar industry in the United States installed 7,286 megawatts (MW) of solar generation capacity in 2015, and the outlook for 2016 remains bright. According to the Solar Energy Industries Association, the U.S solar market is set to grow a staggering 119 percent this year. And, for the first time ever, solar has beat out natural gas capacity additions, supplying 29.5 percent of all new electric generating capacity in the U.S. in 2015.
And while both natural gas and home heating oil prices are down overall due to low demand and an abundant supply, savvy homeowners are keeping a close eye on the headlines. The U.S. Energy Department just approved projects that may send abroad as much as 283 million cubic meters per day of U.S. gas, and it is considering applications to export even more. At the same time, Saudi Arabia and Russia, presently the two largest oil-producing nations, just agreed to limit their production to current levels, in an attempt to boost global oil prices
With “brown” energy prices on course to rise, the solar energy revolution offers low, locked-in rates plus the peace of mind of a more responsible energy choice. Whether you consider yourself an environmentalist or not, it’s been proven that 2015 was the warmest year on record – a distinction it claimed, unfortunately, from just the year before based on records that go back 136 years. According to NASA, the planet’s average surface temperature has risen about 1.8 degrees Fahrenheit (1.0 degree Celsius) since the late-19th century, a change largely driven by increased carbon dioxide and other human-made emissions into the atmosphere. More and more consumers are doing what they can to help reverse this warming trend by limiting their carbon footprint with 100% clean, reliable solar energy.
Thinking about going solar, but still not entirely convinced? Take a look at a few more reasons why now is the best time to consider a solar energy system for your home.
Utility electricity rates go up and down throughout the year. These fluctuations, which are the result of fuel costs and a number of other factors, are completely outside of your control. Going solar with Crius gives you the security of knowing exactly what your monthly energy costs will be for a full 20 years — no more surprises!
Global investment in clean energy keeps flowing. Global investment in clean energy was at an all-time high last year, with over $329 billion invested, according to data compiled by Bloomberg New Energy Finance. With the recent extension of the solar ITC, the ground-breaking Paris Agreement and the U.S. Clean Power Plan, investment in clean energy – including solar – promises to help make solar a reality for even more Americans.
Cleaner fuels are a win-win, overall. Solar produces less life-cycle greenhouse gas emissions than conventional fossil fuel energy sources. The generation of energy from the solar system results in less carbon emissions and lowers our environmental impact – making solar energy green AND clean!
And, our dedicated Crius Solar team is always willing to answer your questions about going solar. Call today and find out if your home would benefit from a solar energy system. There’s never been a better time to make a smarter energy choice.
** This document includes predictions, estimates, or other information that might be considered forward-looking. Any forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements.