5 Facts About the Renewable Energy Industry

Renewable energy is everywhere you look today, and it’s a topic that’s on almost everybody’s mind. From homeowners looking to cut down on high monthly bills at home, to businesses who want to be part of the green movement, it’s pretty clear that renewable energy sources are going to be a big part of the future around the world.

Most people really don’t know all that much about renewable sources of energy, however. Keep reading to learn five facts about renewable energy and the green energy industry as a whole that you probably didn’t know before.

Renewable Energy Creates Jobs

Renewable energy is the future of heating, cooling, and power in many parts of the world. As a growing industry, it’s important to realize that supporting renewable energy isn’t just good for the environment, it’s good for the economy too.

The fact is that renewable energy companies create about three to four times as many job opportunities that fossil fuels do each and every year. When more jobs move into an area, more people will be able to afford renewable energy options and support local businesses around them.

Simply put, the impact of renewable energy goes way beyond a green planet and lower power, heating, and cooling bills for home and business owners.

Wind Works

Anybody who has done some homework on the green energy industry has probably seen the fields of windmills that dot the west coast of the United States, as well as other parts of the world. The reason these fields are becoming more and more popular is the fact that wind energy really works in the right areas.

When properly utilized, one wind turbine can create enough power for about 1,4000 homes, depending on the time of year. That’s why places like Maui and Palm Springs, California utilize them so heavily.

Wind turbines also require minimal daily maintenance to work properly once installed, making them relatively low cost to operate when compared to fossil fuel plants.

Solar Is Growing Rapidly

For sunny areas around the world where inclement weather is minimal, solar energy is already somewhat popular. It’s also relatively low-cost for buyers, and many programs exist to make purchasing it more effective in states and countries around the world.

Right now, solar energy is a big part of the clean energy industry. By 2050, however, solar power may be the world’s most reliable and commonly used source of energy. In places like North Africa and Europe, solar power may be utilized by 100% of residents and business owners.

Renewables Don’t Get Subsidies

While it’s not exactly true that renewable energy companies and the green energy industry don’t get any subsidies, the fact is that fossil fuels get about four times as many. Despite the fact that renewable energy is cleaner and often more efficient, the current system makes it hard for consumers to rely on renewables because of the cost.

Improving subsidies and creating a bigger overall shift toward renewable energy – which many are fighting for each day – could make it easier for homeowners and business owners to incorporate renewables into their building and upgrade plans. Over time, this should create more demand for renewables, helping the clean energy industry grow and expand while making products cheaper and more efficient for buyers.

Owners Love Renewable Energy

Nobody wants to feel like they’re polluting the planet and leaving the world worse than when they came into it. That’s true of homeowners, business owners, and even people that are renting apartments and offices. Nobody wants to pay more than they have to or be at the mercy of climbing electricity and gas rates, either.

That’s why almost everyone loves the prospect of moving renewable energy forward. With renewable energy, costs can be cut and we can leave the planet a better place than how we found it.

In 2017 and in the coming decade, more and more people will want to make the shift to renewable energy in their homes and businesses. That’s why the green energy industry is poised to expand rapidly over the next five to 25 years.

For people looking to get into a growing business sector, renewable energy can be a smart choice. You’ll be doing something good for the planet, your customers, and getting in on the ground floor.

 




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