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Solar is trending as a top renewable energy investment worldwide
For the first time, global energy markets in many parts of the developing world are registering solar power as the cheapest form of new electricity for renewable energy investment opportunities. The milestone is noteworthy as these lower solar prices do not include government subsidies or other financial support. This trending reduction in the price of…
Using people power to reach energy efficiency goals in business
Working toward energy efficiency is most successful when approached collectively. While energy managers may head the team exploring how to reduce energy costs in business, it’s an overall group effort that yields the best results. That’s the overarching message in a recent article published by Smart Energy Decisions, which describes how increasing employee engagement improves the chances of reaching…
The ever-evolving benefits of commercial solar adoption
In the not-so-distant past, the main benefit of commercial solar adoption was rooted in affecting environmental change. Early photovoltaic (PV) technology adopters saw it as a potential solution to what had become a global energy crisis. And for that, they were called hippies, tree-huggers and any number of pejorative environmentalist monikers. But they didn’t care.…
What is Solar Net Metering and How Does it Work
Many consumers who are thinking about going solar have heard the term “net metering” but aren’t sure what it means. What is Net Metering? Put simply, net metering is a utility billing mechanism available in most states that offers a credit to residential and business customers who are making excess electricity with their solar panel…
The advantages and disadvantages of businesses going solar
Making the decision to go solar isn’t something you do in a day. And it certainly shouldn’t be done without a thorough evaluation and careful assessment of both the pros and cons. To help get you started, we’ve put together three of the top advantages—and disadvantages—of pursuing a path toward investing in a commercial solar…
Understanding the essential relationship between water and energy production
“Without enough water, you can’t have power; without enough power, you can’t have water.” The relationship between water and energy production is extremely close and co-dependent. It takes a massive amount of water to generate energy, and it takes a huge quantity of energy to process water that can be utilized by humans for drinking…
Is fossil fuel divestment at a financial tipping point for energy investors?
As the cost of renewable energy becomes more competitive with fossil fuel cost, it may be the perfect time for fossil fuel divestment (aka divestiture). An article in The Guardian argues that energy investors could be at a tipping point when it comes to investment in renewables. Historically, the case for corporate sustainability has focused on improving public…
The net environmental impact of solar power: Is it helping or hurting?
At the individual installation level, it’s rather obvious that commercial solar energy systems have positive impact on the environment—instead of using electricity generated by fossil fuels, your business utilizes clean, renewable energy from a limitless resource (the sun). But a recent article in The Atlantic takes a step back and evaluates solar as a whole,…
Advantages and Disadvantages of Hybrid Solar Energy Systems
Introduction When researching solar energy power systems, homeowners have two options to consider: on-grid and off-grid solar energy systems. Both of these systems are helpful if you live in a state like California with ample sunlight. But on cloudy days or at night, these systems alone won’t continue to power your home and you’ll need…
Corporate sustainability is the way to go
Trying to find ways to hit your corporate sustainability goals and reduce costs at the same time? A recent survey tells us that many of your peers are considering lower-cost renewable energy solutions, such as solar power, to help them to do just that. With energy costs on the rise, facility managers who want affordable…