President Obama and his administration moving towards slashing greenhouse gas emissions through The Clean Power Plan is a stark reminder of how the issue of adopting renewable energy sources has been heavily politicized in the past few years. Many companies and environmental activist agencies have praised the president's movement towards clean energy sources, according to the International Business Times. Now, in regards to the upcoming 2016 presidential election, renewable energy, especially solar energy, has been thrown even further into the political debate.
Computer World reports that Democratic presidential candidate Hilary Clinton has recently laid out her plans to boost solar, wind and other renewable energy sources so much so that they will provide 33 percent of the country's electricity by 2027. Furthermore, as part of this plan, Clinton explained that her goal is to raise solar capacity from 21 gigawatts (GW) to 140 GW by the close of 2020. This would be a drastic increase in renewable energy reliance —an almost seven-fold increase.
Clinton stated that her team will further lay out a comprehensive plan over the coming months as to how to achieve this goal. This move towards an increase in solar power generation is a bright look at solar's future, especially in light of decreasing costs for panel installations.
"The trend we have seen over the past six years has been a massive decrease in solar energy prices for consumers," said Rhone Resch, CEO of the Solar Industries Energy Association. "Solar energy is significantly lower than natural gas, and those rates are guaranteed for 20 years. The price [of natural gas] might be low today, but you can't lock in that price for 20 years, like you can with solar energy."
Contact SolarMax Technology today to learn about solar rebates and all the benefits photovoltaic solar panels will bring to your home and utility bills.
To receive a free solar consultation, click HERE.