Reduce Your Carbon Footprint in the New Year

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Reduce Your Carbon Footprint in the New Year

With the start of the New Year, you might be looking into clean, renewable energy, and reducing your company’s carbon footprint. There have been some recent changes that we wanted to bring to your attention.

Congress recently announced their plans to extend federal solar and wind energy tax credits in an effort to generate 50% of our nation’s electricity from clean energy sources by the year 2030. By doing so, we can reduce our oil dependency, help combat climate change and increase national security. So what are you waiting for?  Now is the perfect time to take that step and invite clean energy into your business!

According to business groups and analysts, the extensions will support tens of billions of dollars in new investments as well as hundreds of thousands of new jobs throughout the United States. 2015 was a huge year for solar adoption in the United States, and with this push from Congress it’s exciting to see the continued growth in 2016.

Solar energy is becoming more of a standard features in both business environments and in residential thanks to the continued support of the green energy movement. The cost of solar energy have fallen more than 20% in the past year and nearly 80% over the past five years. Solar energy is a constant that we can rely on and never fear the roller coaster effect of pricing that we have grown accustomed to with the oil industry. The Wall Street Journal says it best in a recent article when they say, “solar energy is the future; you can’t stop it.”

In a past blog, we focused on how the falling oil prices can effect clean, renewable energy. Many people were worried the dropping oil prices would be a threat to the entire clean energy economy, however that is not the case. In reality, the lower oil prices have almost no impact on solar or wind energy. Nothing to worry about, just rejoice as you fill up your vehicle for a fraction of the cost!

Recycle_puzzleTo help you get the most of your clean energy investment, our local stock includes a complete offering of products designed to reduce energy consumption and save you money. We carry products ranging from efficient lighting, motors, controls, variable frequency drives, vehicle charging stations, solar, energy management systems, recycling, wind, green data centers and much more!

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You can learn more about our entire clean energy solutions HERE.  Interested in learning more or getting your business on the right track to reduce your carbon footprint in 2016? Give your account manager a call today or contact us HERE.

 

Sources: https://www.greentechmedia.com/articles/read/breaking-house-passes-1.1-trillion-spending-bill-with-renewable-energy-tax

http://www.bizjournals.com/portland/blog/sbo/2015/12/wind-and-renewables-are-key-to-reducing-carbon.html

http://www.altenergymag.com/news/2016/01/04/solar-tax-credits-continue-long-live-solar/22469/

http://www.wsj.com/articles/solar-energy-is-the-future-you-cant-stop-it-1451858152


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What Do Falling Oil Prices Mean for Clean, Renewable Energy?

Most people see the falling oil prices and celebrate the fact that they aren’t breaking the bank just to fill their gas tank. But others see the dropping oil prices as a threat to the entire clean energy economy. What the public believes is that the price of oil represents the price of energy. This is where people are mistaken; the price of oil does not dictate the price of all energy. In reality, they have very little in common.

In the past, these lower oil prices have caused the renewable energy market to panic. Why do the clean energy companies seem to be unbothered by the current drop in oil prices? The number one reason is that energy markets dynamics have altered greatly in the 21st century. When it comes to electricity, renewable energy and oil hardly mix. Diesel and similar fuels account for only 5% of global power, compared to 24% in 1973. In the United States, diesel only makes up 1%!

As you can see, the lower oil prices have almost no impact on solar or wind energy. The price of oil has almost nothing to with the future demand. For example, solar energy can be priced significantly lower than diesel electricity. The price of a barrel of oil would have to drop dramatically to come close to what you can get with solar energy. One excellent way to look at it is this: solar energy is basically free. Solar energy provides a major advantage over diesel, natural gas and coal because fossil fuel prices have proven to fluctuate so greatly over time. The oil market is a constant roller coaster; the price will drop significantly just to go up again. Clean, renewable energy has consistently dropped and is projected to continue this growth, unlike the unpredictable oil industry.

Now for some cold, hard facts. Solar energy costs have fallen 20% in the past year and 80% over the past five years.  Wind energy costs have dropped 15% in the last year and 60% over the past five. The drop in oil costs have people believing that clean, renewable energy must be struggling, but in reality they are proving how they have withstood the test of time and the unstable oil market.

Never fear, clean, renewable energy is here to stay! Are you interested in taking the next step to make your company energy efficient? Give us a call, we look forward to creating a plan designed to reduce energy consumption and save your company money.

 

Source material: http://www.forbes.com/sites/edfenergyexchange/2015/01/05/why-falling-oil-prices-dont-hurt-demand-for-renewable-energy/

http://www.carbonbrief.org/blog/2015/01/what-falling-oil-prices-may-mean-for-the-future-of-renewable-energy-investment/

http://www.economist.com/news/special-report/21639014-thanks-better-technology-and-improved-efficiency-energy-becoming-cleaner-and-more

https://www.americanexpress.com/us/small-business/openforum/articles/lower-oil-prices-mean-bad-business-clean-energy-economy/

http://www.theguardian.com/sustainable-business/2014/nov/10/crude-oil-texas-renewable-energy-solar-biomass