How Solar Is a Renewable Resource for Electricity
The reason we have seen solar skyrocket as a technology is because it serves as a renewable energy source of electricity. Renewable energy comes from a source that is not depleted when used; and the sun’s rays aren’t burning out any time soon. Solar doesn’t consume anything else to generate electricity.
There are currently only three types of renewable electricity generation: wind, hydro and solar.
All three of these methods produce electricity without consuming or reducing another resource. A non-renewable resource is a natural resource that cannot be readily replaced by natural means (carbon-based fossil fuels).
Renewable energy is important for two main reasons:
It saves you money over time. The ongoing cost of owning solar and maintaining it is very low and requires very little effort. Since the panels just need to see light, all you have to do is keep them free from dirt, debris, and shade (growing trees or obtrusive building structures).
In an effort to minimize the cost of going solar, many government agencies around the country and world have offered significant tax benefits and incentives to go solar.
Federal, state and local government agencies have helped to offset any associated costs of going solar in an effort to encourage more people to help reduce the carbon footprint of electricity generation. This has caused a huge spike in mass adoption in this critical technology for implanting a carbon neutral world. The result of this mass spike is a dramatic spike in demand and a converse dramatic drop in cost.
Grid parity is a solar industry term that refers to the point when the cost of the alternative energy [solar] becomes equal to or less than electricity from conventional energy forms like fossil fuels. Essentially, it’s when the cost of going solar is equal to or less than a homeowner’s average electric utility bill prior to going solar.
With the drop in cost and addition of government incentives, many have since adopted this amazing technology. In fact, according to SEIA, solar energy is the cleanest and most abundant renewable energy source available, and the U.S. has some of the richest solar resources in the world. Interested in going green? Contact the experts at Spark today to learn more about this renewable resource and start your solar journey today!