Share on facebook
Share on twitter
Share on linkedin
Share on tumblr

Rebuilding with Solar Energy

Covid-19 has wreaked havoc on economies, worldwide. Markets have slowed to a stop. Industries have downsized. In these unprecedented times we will witness unprecedented solutions. The legislation that governments create will inevitably shape these emerging economies as we seek resolution. Economic recovery could very well beckon us into an era of renewable energy. The House Ways and Means Committee introduced the, “Growing Renewable Energy and Efficiency Now Act,”

The GREEN Act for short, on June 25th, 2020.  This legislation was introduced alongside the Moving Forward Act, which is a comprehensive $1.5 Trillion infrastructure package that was passed that same week. Both Bills contain provisions that incentivize the conversion to alternative energy. It is the GREEN Act, however, that extends the ITC, Investment Tax Credit, by another five years and raises it back up to 30%. Meaning you can either get a direct payment, or a dollar for dollar tax credit based on 30% of your total solar investment. The ITC is directly responsible for the massive increase in solar sales and will only continue to help people switch over.

It is expected to pass the House of Representatives, but will be met with opposition as it reaches the Senate to be voted on. This is where organizations like the SEIA, Solar Energy Industries Association, come in. They are advocating for “greener” legislation. They are urging businesses and individuals to contact local representatives and Congressional Senators to get these Bills passed. They have even drafted a letter to Congress for businesses to sign in support of rebuilding with Solar Energy. There is already Bipartisanship support among Democrats and Republicans regarding Solar Energy. In fact, 25 Republicans and 25 Democrats wrote their own letter to request more pro renewable energy legislation, such as the one that was introduced in June.

 It should be noted that almost every industry has taken a loss during this pandemic, yet some industries were dying well before it started. The reliance on fossil fuels is becoming less prominent as we are moving towards a more sustainable and environmentally conscious world. Which is why this legislation could possibly hold the weight of transferring the way we power our country for decades to come.

Fossil fuel dependent utilities have steadily increased with inflation and operating costs over the years, while also being a constant overhead cost to homeowners. Solar provides a cheaper, temporary investment that can save tens of thousands of dollars over the lifetime of the system and make your home less reliant on utility conglomerates. Visit our website to learn more and save on powering your home.

How Babcock Ranch Proved Solar Can Develop Cities

How Babcock Ranch Proved Solar Can Develop Cities

In 2016, the first solar panels were installed in Babcock Ranch, Florida, the Hometown of Tomorrow. Babcock Ranch considers itself to be the country’s first solar-powered town. They have become a beacon for solar energy, with over 700,00 panels installed over 800 acres. This week we will take a closer look at what Backcock Ranch means for solar energy and how it can develop in America.

Read More »
Why Small Scale Rooftop, Residential Solar Is Better Than Massive Solar Farms

Why Small Scale Rooftop Residential Solar Is Better Than Massive Solar Farms

The unprecedented growth in the solar market is a marvel. It is the result of an industry that found a way to deliver a sustainable and cost-friendly alternative to fossil fuels. The Covid-19 pandemic furloughed many Americans and forced many others to work from home. Yet, solar companies were able to adapt. Internet sales replaced door-to-door sales, and the entire solar market outperformed expectations. Solar capacity has increased drastically, and there seems to be no sign of the industry slowing down.

Read More »
Biden’s Infrastructure Plan: What It Means For Federal ITC & Solar

Biden’s Infrastructure Plan: What It Means For Federal ITC and Solar

President Biden unveiled his infrastructure plan this week. It’s a massive $2 trillion investment over eight years. The proposal is aptly named the “American Jobs Plan.” It looks to spur job growth while addressing the aging infrastructure. We have previously covered what a Biden presidency could potentially mean for solar energy and other renewables. The infrastructure bill includes $174 billion designated to address climate change directly. The bill intends to boost the electric vehicle market while another $100 billion is committed to upgrading the nation’s electrical grid. These efforts put the country on track for Biden’s goal of zero-emission by 2050.

Read More »
Another Glowing Report With High Expectations For Solar

Another Glowing Report With High Expectations For Solar

The U.S. Solar Market Insight is a quarterly report done by the Solar Energy Industries Association (SEIA, and the research firm, Wood Mackenzie. The report’s goal is to analyze the trends within the market and make projections accordingly. The latest report found that the solar industry “set a record last year and is on track to quadruple.”

Read More »
Florida School Districts Can Benefit From Solar

Florida School Districts Can Benefit From Solar

CBS News reported that a school district in Arkansas installed 1500 solar panels to reduce energy costs. The school district partnered with the local utility company to provide sustainable energy at a more affordable rate. The school district will save approximately $600,000 annually. The school district wasn’t just saving money but was selling off the surplus solar energy to the grid for added value.

Read More »

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Connect With Your Solar Specialist Today

Region Solar has been serving Sarasota since 2007. Speak to one of our experienced Solar Specialists today.