Whatâs All The Big Buzz With Net Metering Lately?
Within the last few months, net metering has emerged as an important topic in the energy sector. Florida recently passed House Bill 741, which allows utilities to charge solar customers and phases out the purchase value of customer-produced energy in a net metering system. Meanwhile, North Carolina is considering a similar bill in which utility conglomerate Duke Energy proposes a minimum monthly bill of $28 for properties that have added solar and a lower price paid for excess power for only around a third of the energy retail cost. So what's the deal with net metering, and why is it so crucial for solar?
The Value of Decentralized Energy
We've seen a significant shift in how we consume and produce electricity over the last decade. Original methods of centralized energy generation from oil, gas, coal, and nuclear power plants are quickly becoming a thing of the past. The renewable energy movement is not only providing environmentally friendly and cost-effective solutions for the energy market, but it is also (quite literally) transferring power into the hands of individuals and businesses. However, you may be wondering what the distinction between centralized and decentralized energy is, the causes of this shift, and who benefits from it.
What the Ukrainian-Russian Conflict Means for Energy
As the Ukrainian-Russian conflict continues, it has enraged the rest of the world. This conflict has sparked widespread international outrage and the imposition of severe economic sanctions against Russia, a major global producer, and exporter of oil. Many onlookers have wondered, "How does this affect energy?"
Floating Solar Panels: A Possible Future
While many properties are ideal for solar panels, others are not. What about properties that own bodies of water but lack suitable land or rooftop space? Here's where floating solar panels come in handy.
Finding A Reputable Solar Installer For Your Commercial Properties
Solar installation is not as simple as it appears. To get the most out of your solar investment, you must find a reputable installer who will do the job right. Understanding why having a reputable installer and how to find one will bring lucrative benefits to your commercial property and help prevent any major issues.
New Solar Technology That Could Revolutionize The Industry
While solar has come a long way economically, with installation costs falling dramatically over the last decade, solar technology has also considerably advanced in recent years. With recent research, new technology revolving around solar cell efficiency and storage capabilities has shed light on solar's many possibilities.
