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Tuesday, April 16,2013

Solar power could replace fossil fuels, utilities acknowledge

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How much could renewable energy shake up the energy industry? It depends who you ask.

If you ask the energy industry itself, you might get a pretty surprising answer. The Edison Electric Institute, a trade association of utility companies that thrive on traditional power sources like oil, gas and coal, has acknowledged that solar energy in particular could profoundly affect profits for utility companies.

For now, solar, wind and other renewable sources of energy are variable. If the wind isn't blowing or the sun isn't shining, people still need that fossil fuel energy. But, EEI says, the day could soon come when battery technology catches up to renewables, and solar panels can provide power full-time.

See the story at Grist.

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Even if in the future, the utility companies may face a significantly decline in terms of profits, people will be able to improve their living standards while saving money. Relying on a residential roofing contractor in various home improvement projects, will also help on saving money on long term, which is the main goal, don't you think?


It's just a matter of time until the solar power will replace the fossil fuels completely. Let's face it, solar panels are a smart choice. Those who have one installed might want to consider some of these fabrics on http://store.1502fabrics.com/ to make their home even more comfortable by updating all their upholstered furnishings.