Renewable Energy Points
- Renewable energy is generated from natural solar and wind resources that can be replenished; in other words, renewable resources can produce energy at a greater rate than we can use it. Solar and wind energies are an infinite, renewable resource.
- Average home power consumption is between 800 kWh – 2,000 kWh per month for a single family home (small home to large home). A 5 kW to 12 kW renewable energy system will serve to satisfy the majority of the electrical demand.
- U.S. electricity prices increase at a rate of 6% per year and will continue to escalate in the future.
- Power utility companies will purchase surplus power from renewable energy systems (net-metering agreement). Federal and local governments have funding incentives for a host of renewable energy projects.
- Renewable energy use has surged near 20% a year during the past 15 years, due to falling prices attributed to manufacturing advances.