Why solar energy is ready to take off
Energy Shortfalls and Prices
An aging infrastructure and skyrocketing natural gas prices are boosting utility rates – in California they’ve risen by 6.4% annually over the last 30 years.
Global Warming Awareness
The public and the government are now facing the realities of global warming. Acceptance of the necessity for clean, renewable energy has moved beyond the counter-culture to the mainstream.
National Security
Dependency on oil is proven to be a threat to national security.
Government Support
Government incentives programs for solar have been gaining steadily since 2000. Now, with the election of the Obama administration, the trend is growing by leaps. Federal programs, for instance, now offer 30% tax credits to homeowners as well as business, and are moving to provide the option of a 30% grant for businesses in lieu of the tax credit. Plus, state and municipal funding and incentives are picking up steam in response to rising utility rates, and public demand.
Solar Panel Cost Drops
The cost of solar panels is in decline. More manufacturers in the field have turned panels into a commodity. Prices dropped 25% in the first half of 2008 and are expected to drop another 10% by end of year. Solar panels constitute 60% of the total cost of installation.
An industry ready for aggregation
Solar energy integration is a field that is ripe for aggregation. Demand is enormous, and growing. So is accessibility. And, still, so many integrators are small, poorly organized, companies.
Homeowners and business owners alike need a strong, efficient, national company they can rely on to help them convert to solar energy. Acro Energy has the core competence and service ethic to fulfill this role.
Acro Energy Technology, a public company based in Texas and traded on the TSX Venture Exchange in Toronto, began joining with Acro Electric in 2008 to aggregate best-in-class integrators across America under the Acro Energy name.
