Renewable energy making inroads, but you can help accelerate the change
POWERHOME Solar knows it’s on the front lines of spearheading a movement toward clean, renewable energy. There is still much work to do, considering a recent report produced by the Federal Energy Regulatory Commission shows that new renewable energy capacity placed in service in 2018 was dwarfed by new natural gas generation by a near 2-to-1 margin. However, the scales may be tipping soon in favor of renewable energy.
The FERC’s Energy Infrastructure Update report shows that nearly 65 percent of the new electrical generating capacity in 2018 came from natural gas (20,048 megawatts of the 30,881 total). Meanwhile renewable sources, (solar, wind, hydropower, etc.) accounted for 10,392 MW, or 33.7 percent. Solar accounted for 40 percent of that renewable energy generation.
The Energy Infrastructure Update report also forecasts what the electrical generation additions and retirements will look by Jan. 2022, and it shows that both solar and wind installed capacity are expected to overtake natural gas. Net generation of natural gas (59,900) is projected to be behind both wind (97,455 MW) and solar (70,902 MW). See the chart below.
That is great news as the U.S. looks to reduce its carbon footprint, but there’s no time to celebrate just yet.
“The dramatic expansion of natural gas capacity in 2018 does not bode well for efforts to reduce U.S. greenhouse gas emissions,” SUN DAY Campaign executive director Kenneth Bossong said in a statement. “However, the continued growth of wind, solar, and other renewables and the probability of a significant increase within the next few years does provide a bit of hope for addressing the worsening perils posed by climate change.”
Natural gas is a cleaner energy source for power companies to use in comparison to coal by a near 2-to-1 margin, but burning natural gas still emits greenhouse gases into the atmosphere. Those greenhouse gases are a known cause of global warming.
POWERHOME Solar wants to help accelerate these timelines where renewable energy trumps fossil-fueled generating sources. We give customers the chance to do the right thing for the environment, and in turn save money on their electric bills. Solar panels emit no greenhouse gases. All they do is generate energy on your roof or ground-mounted array.
We make the process of going solar at your home an easy one. With our turnkey service and American-made solar panels that come with a 30-year warranty, you will be setting yourself up to save tens of thousands of dollars over the lifespan of your system. And as your non-solar neighbors bear the full brunt of rate increases imposed by the power company, you will be largely insulated from bearing those costs.
Please fill out the form below or contact POWERHOME Solar at 800-765-2715, and we would be happy to see if you and your home qualify to go solar. Save money, and save the planet with the help of POWERHOME Solar!