LIGHTING IN THE SPOTLIGHT
Energy-efficient lighting upgrades are one of the easiest and most profitable investments for commercial and industrial facilities. According to a study done by UCLA, the survey average of 129 buildings yielded a 45% ROI in the first 2 years.
The majority of businesses have not upgraded their lighting with initial cost seen as a prohibiting factor. However, with many incentives and substantial energy savings, it could be money thrown away. There is a vast array of national, state, local, and utility-based incentives and rebates programs available, but digesting them all takes a great deal of time.
Broadleaf can do the legwork for you, walk you through the process, and help you to quantify your savings.
Various factors help to determine if solar is a good investment, but the rationale does vary from state to state. According to the EIA, nearly 34% of the distributed PV capacity in the United States is located in California, with the next nine states accounting for another 45%.
The remaining 40 states and the District of Columbia combined account for the last 21% of the nation's capacity. California is not only the most populous state, but it is also home to other factors that encourage distributed PV generation: high electricity prices, strong solar resources, and state policies and incentives that support solar PV. Other strong markets include Massachusetts, New Jersey, and DC, while the South Atlantic states have outpaced California and the West in utility-scale solar installations for the past 5 years.
According to the U.S. Energy Information Administration (EIA), developers and power plant owners plan for nearly 40 GW of new online capacity in 2021 and 39% (15.4 GW) will be solar generated, followed by wind at 31%. Over half of the new solar generation capacity will be installed in four states: Texas (28%), Nevada (9%), California (9%), and North Carolina (7%). Solar power has established itself as a core component of the US renewable energy portfolio with over 90 Billion kWh in 2020.
A COMPREHENSIVE APPROACH TO YOUR ENERGY OUTLOOK
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